Page 3 - Latest Updates on FATF
Mauritius exits FATF grey list, Pakistan remains on the list
Mauritius was put on the list by FATF in February 2020, and that had a significant impact on its credibility as a prudent and compliant jurisdiction
 "Mauritius exits FATF grey list, Pakistan remains on the list")
Pakistan may remain on 'grey list' till FATF's next session: Report
Pakistan may remain on the 'grey list' of the FATF till the global money laundering and terror financing watchdog meets for its next session in April 2022, according to a media report on Tuesday.
 "Pakistan may remain on 'grey list' till FATF's next session: Report")
At G20 conference, FM bats for strengthening effectiveness of FATF, IMF
In the run up to assuming the G20 presidency in 2023, India is working towards identifying the "vacuum areas" in international policy coordination: Sitharaman
 "At G20 conference, FM bats for strengthening effectiveness of FATF, IMF")
FATF review of India's anti-money laundering postponed to 2022 due to Covid
An evaluation by FATF to analyse effectiveness of India's anti-money laundering countering terrorist financing regime has been postponed for second time due to Covid pandemic, slated for next year
 "FATF review of India's anti-money laundering postponed to 2022 due to Covid")
Pakistan establishes anti-money laundering cell to exit FATF's grey list
This is to check financial crimes and illegal transfer of resources as the country struggled to exit from the FATF's grey list.
 "Pakistan establishes anti-money laundering cell to exit FATF's grey list")
Mauritius closer to exiting grey list as FATF sees progress on action plan
Inter-governmental body has now authorised its delegates to visit the island nation for an on-site inspection of the progress made
Foreign Minister says 'no room' to keep Pakistan on FATF's 'grey list'
Qureshi's comments came a day after the Financial Action Task Force (FATF), during its plenary meeting from June 21-25, retained Pakistan in its 'grey list'
 "Foreign Minister says 'no room' to keep Pakistan on FATF's 'grey list'")
In a setback, global watchdog retains Pakistan on FATF 'grey list'
Continuation on the 'grey list' for Pakistan means that it will not get any respite in trying to access finances in the form of investments and aid from international bodies
 "In a setback, global watchdog retains Pakistan on FATF 'grey list'")
FATF regional group keeps Pakistan on its 'Enhanced Follow-up List'
A regional affiliate of the Financial Acton Task Force (FATF) asked the country to strengthen its implementation of anti-money laundering and combating terror financing measures
 "FATF regional group keeps Pakistan on its 'Enhanced Follow-up List'")
Mauritius rejigs special purpose fund regime to gain 'financial' edge
Will enable global investors to set up tax-exempt entities
 "Mauritius rejigs special purpose fund regime to gain 'financial' edge")
Pakistan to introduce 'new' rules to meet FATF demands, says report
Pakistan was put on the grey list by the Paris-based FATF, the global watchdog for money laundering and terror financing in June 2018
Biden administration has ignored Pak's outreach for rapprochement: Report
The next FATF plenary review of Pakistan's status is due in June this year.
FATF to evaluate India's mechanism to deal with financial crimes this year
The FATF, the global body against money laundering and terror financing, is likely to carry out an evaluation of India's established mechanism to deal with such financial crimes later this year.
Peace and Pakistan
The besieged country looks for a breather
 "Peace and Pakistan")
Pakistan needs legislation to meet 3 outstanding FATF benchmarks: Report
Pak will have to make further legislation on at least two counts to meet three outstanding benchmarks of the 27-point action plan of the global money laundering and terrorist financing watchdog FATF
 "Pakistan needs legislation to meet 3 outstanding FATF benchmarks: Report")
Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction
India's market regulator suggested a "dual approval" process for the appointment and removal of independent directors. Read top stories with Business Standard
 "Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction")
Cayman Islands' grey list tag may hurt FPI investments into India
FPIs from the region will face stricter KYC, may have to furnish updated ultimate beneficial ownership info for all investors holding over 10% in the fund as opposed to 25% now
 "Cayman Islands' grey list tag may hurt FPI investments into India")
FATF commends Mauritius for progress on action plan despite pandemic
This has raised hopes that the country will be able to come out of the grey list some time this year
Mauritius seeks India's help for early exit from FATF grey list
Mauritius on Monday sought India's support in facilitating an early exit from the FATF grey list to restore its international reputation
Pakistan likely to remain in grey list as FATF meet begins: Report
Ahead of the plenary, the FATF updated the overall performance of all countries
 "Pakistan likely to remain in grey list as FATF meet begins: Report")
