A legal framework to combat terrorism in Pakistan has been provided in the Anti-Terrorism Act, 1997(ATA).1 The act provides for the prevention of terrorism,2 sectarian violence and for speedy trial3…
As we have seen in our earlier studies that money laundering is a serious crime and effects the individuals, state and society. That is why, today, there is a global…
Pakistan has faced significant challenges in combating terrorism financing due to its complex geopolitical landscape, porous borders, and historical links to extremist groups. Terror financing involves the provision of funds…
Terrorism is a contested term -- difficult to define, and a cause of contention in academics and policymaking for years. There is no universal definition of terrorism. According to the…
THERE is great importance attached to the consultations the delegation of the Asia-Pacific Group (APG) of the Financial Action Task Force (FATF) is currently holding with the Pakistan government to…
Finance Minister Ishaq Dar is in Washington, D.C. these days, and as could be expected, during his meeting with the treasury secretary, the question of action against terror financing was…
The ever-expanding size of the black economy, which is said to have outpaced the sluggish growth of our white economy by a significant margin, serves as the safest and securest…
Channeling money through 'hound' and avoiding the legitimate financial system is one of the best methods of "whitening" dirty money. In layman's words, money-laundering is conversion of dirty money into…
Appraisal of global and domestic initiatives: Since the tragic event of September 11, 2001, the United States and its allies have been engaged in what they call 'war on terror'…
"Pakistan has taken steps towards improving its AML/CFT regime, including by issuing an SRO to increase the maximum monetary sanction for non-compliance with S/RES/1267. However, despite Pakistan's high-level political commitment…
