Financial instability
In 2016, this writer wrote as many as six articles on Offshore assets of Pakistani citizens, which have been compiled in the form of a book. This endeavour, however modest,…
Economic crimes: a truly global threat
As we work to recover from a financial meltdown and near economic collapse the threat posed by economic crime is fresh in the air. These crimes emerge as a result…
White collar crimes
The National Accountability Bureau Ordinance (NABO) under Section 5 describes a "public office holder' as an individual holding, or have held, an office or post in the service of Pakistan…
Strengthening NAB’s financial crime wing
When NAB was established in 1999 the initial target was to go after those who had committed bank frauds and/or did not return the loans taken on flimsy pretexts. The…
Crime and terrorism: Financial challenges – I
INTRODUCTION: This paper seeks to integrate the efforts made by individual group activity members while studying and analysing the manifold directions of money laundering and terrorist financing. The topics assigned…
Crime and terrorism: Financial challenges – II
Risk-based approach: Nations are operating within a comprehensive international framework that deters financial crime and terrorism in the first place; detects it when it happens and disrupts the activities of…
Banking, other financial businesses: customer identification program and international conventions
Customer identification in banking and financial businesses has gained importance due to abnormal increase in financial crimes including tax evasion, money laundering and terrorist financing. There are two sets of…
Thousands of agents diverted to Trump immigration crackdown
Brad Heath, Joshua Schneyer, Marisa Taylor, Sarah N. Lynch, Mike Spector Federal agents who usually hunt down child abusers are now cracking down on immigrants who live in the US…
Regulating jewellery
In recent years, Pakistan has experienced economic challenges and uncertainties caused by volatile exchange rates and fluctuations in gold prices. To address these issues and promote stability and growth, the…
Pakistan’s roadmap to crypto legalization—IV
The legalization of cryptocurrency in Pakistan is gaining momentum, requiring a strong regulatory framework to mitigate financial crimes. The previous articles in this series have laid the basis by discussing…
