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Lawmakers & CT

THE role of parliaments in counterterrorism (CT) and addressing the underlying causes of Violent Extremism (VE) carries significance, which adds credibility. Parliamentarians enact laws, set policies, allocate budgets, and oversee…

Non-intervention & the law

DAYS before the vote of no-confidence, Pakistan’s embattled prime minister, Imran Khan, addressed the nation at a political rally. Following a carefully constructed rhetoric on the value of being an independent, free…

Trump cards or flawed thinking

It’s the economy stupid, so stated James Carville, Bill Clinton’s strategist during the 1992 successful presidential campaign against the incumbent George Bush with two other key messages to campaign workers:…

New SBP law militates against constitution?

This article contends that the State Bank of Pakistan (Amendment) Act, 2022 (“Act”) is plainly, on the face of it (ex facie), in violation of the Constitution. Reportedly, the government’s…

Self-serving laws – I

Uninterrupted decade of democracy [2008 to 2018], unprecedented in our political history entailing smooth transfer of power to elected representatives, according to the Constitution, is an occasion for national jubilation…

AML regulations and fiscal laws – II

In the first article on this subject published on September 9, 2017 the relevance and changed perspective of anti-money laundering (AML) in today's world was briefly discussed. That article restricted…

Anti-money laundering regulations and fiscal laws – I

General perception about money laundering 'Money laundering' in general sense means, actions and processes of projecting money acquired as proceed of crime as untainted money. This subject gained international significance…

Implementation of consumer laws big challenge

There is a famous Latin term ‘Caveat venditor’ which means ‘let the seller beware’. This phrase is in stark contrast with the widely known and used contractual phrase ‘Caveat emptor’…

Pakistan’s ‘flawed’ monetary policy

The State Bank of Pakistan’s monetary policy has been used as part of the so-called macro stabilization measures over decades, particularly during periods of higher inflation and when Pakistan was…