Page 5 - Latest Updates on FATF
Despite looming FATF deadlines, Pakistan yet to curb terror financing
The 13 conditions that remain unimplemented are related to curbing terror financing, enforcement of the laws against the proscribed organisations and improving the legal systems
 "Despite looming FATF deadlines, Pakistan yet to curb terror financing")
Pak's continuation in FATF grey list vindicates India's position: MEA
FATF on Wednesday decided to keep Pakistan in the "grey list" as it has failed to check flow of money to terror groups like the LeT and the JeM
 "Pak's continuation in FATF grey list vindicates India's position: MEA")
Mauritius' plans to exit FATF grey list hits coronavirus roadblock
The country was put on the list of jurisdictions that require increased monitoring in February
 "Mauritius' plans to exit FATF grey list hits coronavirus roadblock")
Talks on to adopt BEPS minimum standards in tax treaty: Mauritius minister
Under the cooperation agreement signed between the FSC and SEBI, the two regulators work very closely together on an ongoing basis, says Seeruttun Maheen Kumar
 "Talks on to adopt BEPS minimum standards in tax treaty: Mauritius minister")
Mauritius funds eligible for Category-I status, move could boost investment
Nearly 80 per cent of FPIs coming from Mauritius are currently classified as Category-II
 "Mauritius funds eligible for Category-I status, move could boost investment")
Pak banks may lose biz if Imran govt doesn't implement FATF plan: Moody's
In a report, Moody's Investors Service said the announcement is credit negative for Pakistani banks
 "Pak banks may lose biz if Imran govt doesn't implement FATF plan: Moody's")
Stop terror funding, dismantle militant camps: India to Pakistan at UN
Giving Pakistan a 10-point advise list, the Indian diplomat asked it to stop terror funding and dismantle terrorist camps
 "Stop terror funding, dismantle militant camps: India to Pakistan at UN")
Balakot, a year on: What has changed for India after the airstrike?
A realistic assessment will tell us that not much has changed between India and Pakistan since Balakot; the relationship remains as fraught as before with little prospect of reconciliation
 "Balakot, a year on: What has changed for India after the airstrike?")
Mauritius FPIs continue to be eligible for registration, says Sebi
Mauritius has been doing its bit to showcase its compliance with international tax norms in the past year. It includes measures, such as stepping up scrutiny of offshore fund structures.
 "Mauritius FPIs continue to be eligible for registration, says Sebi")
Mauritius joins Pakistan on FATF's 'grey list'; questions over FPI inflows
About 80 per cent of FPIs from Mauritius are already classified as Category-II by Sebi. The grey list tag dashes any hopes of these funds moving to Category-I.
 "Mauritius joins Pakistan on FATF's 'grey list'; questions over FPI inflows")
Tweak in Companies Act may allow Indian unlisted firms to list abroad
Currently, Indian companies tap foreign capital mostly through American depository receipts or global depository receipts
 "Tweak in Companies Act may allow Indian unlisted firms to list abroad")
Iran faces global anti-terrorism financing watchdog blacklist: Report
Iran's leaders have been divided over complying with the FATF
 "Iran faces global anti-terrorism financing watchdog blacklist: Report")
Pakistan fails to check terror funding, retained on 'Grey List' of FATF
That group also stated that Pakistan largely addressed 14 of 27 action items. The decision has been taken at the Financial Action Task Force's plenary in Paris
China plays down reports that it backed India against Pakistan at FATF meet
China said it stands ready to work with relevant parties to offer more assistance to Pakistan in its efforts against terrorism
 "China plays down reports that it backed India against Pakistan at FATF meet")
Pak remains on FATF 'Grey List'; no breather till it checks terror funding
The decision has been taken at the Financial Action Task Force's plenary in Paris
 "Pak remains on FATF 'Grey List'; no breather till it checks terror funding")
China has realised it cannot back Pakistan all the time: Army Chief on FATF
Earlier, it was reported that Pakistan will remain in the Financial Action Task Force's (FATF) grey list
 "China has realised it cannot back Pakistan all the time: Army Chief on FATF")
Terrorists continue to get funds from illegal activities, supporters: FATF
The FATF said it is monitoring terrorist financing risks and works to help authorities trace funding to strengthen prosecutions
US welcomes Saeed conviction, says key for Pak in meeting FATF commitments
The statement of a top state department official came after Saeed, a UN designated terrorist whom the US has placed a $10 million bounty on, was sentenced to 11 years in two terror financing cases
 "US welcomes Saeed conviction, says key for Pak in meeting FATF commitments")
With China backing, Pakistan may be out of FATF 'Grey List' next month
In recent meetings of FATF, Pakistan has got the support of Malaysia and Turkey besides China
FATF meet: Pak made 'visible progress' to curb terror financing, says China
A Pakistani delegation led by Minister for Economic Affairs Division Hammad Azhar is in Beijing to brief the financial task force about the steps taken by Islamabad
 "FATF meet: Pak made 'visible progress' to curb terror financing, says China")
