Signing of MoU with Ministry of Information & Broadcasting

The Ministry of Information & Broadcasting (MoI&B) and Research Society of International Law (RSIL) signed a Memorandum of Understanding (MoU) to collaborate in promoting awareness about laws and legal obligations among public, business community and professionals besides other concerned persons and entities. The MoU was signed by Joint Secretary MoI&B, Qamar Bashir and RSIL President,…

ANTI-MONEY LAUNDERING AND COUNTERING FINANCING OF TERRORISM (AML/CFT) LAWS IN PAKISTAN: AN OVERVIEW

If Pound’s axiomatic first step is taken in understanding laws related to Financial Action Task Force (FATF), it will transpire that many laws have virtually been rewritten; these laws have affected civil, business, corporate, tax, criminal and regulatory regimes in a significant manner. The characteristic feature of FATF-related legislation is that it has linked civil and regulatory laws with criminal laws of the country.