“The proposed authority would function as a focal institution and help the state give a unified response to curb the menace of money laundering and terror financing,” Khar said.
Pakistan s National Assembly has passed a bill aimed at forming a central authority to restrict money laundering and terror financing, bringing all institutions linked to the Financial Action Task Force (FATF) under one command. The proposed National Anti-Money Laundering and Counter Financing of Terrorism Authority Act, 2023, was presented to parliament by the Minister of State for Foreign Affairs Hina Rabbani Khar.
Pakistan's Parliament passes bill to establish new authority to curb money laundering and terror financing devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.