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CFT

Country urged to enhance AML/CFT framework

ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money...

Published 12 Oct, 2024 07:45am

Opinion

FATF evaluations

India’s progress in combating illicit finance was brought into focus on September 18, 2024, with the release of ...

Updated 27 Sep, 2024 08:13am

Business & Finance

SECP issues updated AML, CFT and CPF Regulations, 2020

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued new requirements applicable to the...

Published 20 Oct, 2023 05:17am

Opinion

Perpetual failure under AML-CFT regime

Our defective governance system has rendered the state and nation susceptible to numerous internal and external...

Published 29 Sep, 2023 06:24am

Pakistan

Mentally challenged persons: SECP places new regulatory framework for account opening

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has placed a new regulatory framework for...

Updated 27 Sep, 2023 06:31am

Money laundering, terror financing challenges: Senate passes law to establish authority

ISLAMABAD: A day after getting approval from the National Assembly, the Senate on Friday passed a law amid...

Updated 05 Aug, 2023 09:52am

FATF’s grey and black lists: Bill aimed at fully insulating country passed

National Assembly passes the National Anti-Money Laundering and Counter Financing of Terrorism Authority Bill, 2023

Updated 04 Aug, 2023 10:00am

Pakistan

SECP enhances scope of AML/CFT Regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has enhanced the scope of Anti-Money Laundering...

Published 22 Jun, 2023 05:45am

FBR needs to work harder to help country sustain its ‘off grey list’ status

ISLAMABAD: The Federal Board of Revenue (FBR) is required to enhance its efforts to effectively deal with the cases...

Updated 08 May, 2023 09:03am

High Risk Third Countries: EU Commission removes Pakistan from ‘list’

KARACHI: The European Commission has removed Pakistan from the List of High Risk Third Countries, which have...

Updated 29 Mar, 2023 09:04am

Money laundering, terrorism financing: Customs dept directed to refer cases to CTD

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Customs department to refer big cases of currency...

Updated 23 Mar, 2023 09:30am

Business & Finance

AML/CFT-related cases pertaining to Customs: FBR’s Directorate of CBCM designated as data repository

ISLAMABAD: The Federal Board of Revenue’s Directorate of Cross Border Currency Movement (CBCM) has been designated...

Published 23 Mar, 2023 05:47am

Pakistan

FM Bilawal reiterates Pakistan’s commitment to align economy with global standards

Says good news from FATF will act as a catalyst for sustained growth and development

Updated 19 Jun, 2022 07:57pm

Business & Finance

AML/CFT: SECP issues new version of FAQs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Monday declared that the income tax returns and...

Published 26 Apr, 2022 05:20am

Opinion

FATF & real estate reforms

The real estate sector is an attractive sector for money launderers. They conceal their illegitimate earnings,...

Published 25 Mar, 2022 05:47am

Business & Finance

Structural reforms related to governance, AMLA: Delay could hamper external financing and investment: IMF

ISLAMABAD: The International Monetary Fund (IMF) has warned Pakistan that delays on structural reforms, especially...

Updated 08 Feb, 2022 11:20am

Opinion

Pakistan deserves recognition

Pakistan’s progress in handling the threat of terrorism and curtailing it significantly is a success story in...

Updated 31 Dec, 2021 11:46am

Business & Finance

FBR organises anti-money laundering training for DNFBPs

ISLAMABAD: The Federal Board of Revenue (FBR) in collaboration with the United Nations Office on Drugs and Crime...

Published 24 Dec, 2021 05:43am

Opinion

Amendment in FATF Recommendation 23

Recommendation 18 of the Financial Action Task Force (FATF) requires that financial institutions should implement...

Updated 03 Dec, 2021 05:25am

Opinion

Regulating emerging technologies—I

The technological landscape has changed massively in the last few years and this has also transformed the financial...

Updated 26 Nov, 2021 06:09am

Opinion

‘Pakistan: ML/CFT challenges in trade’

This is apropos a Business Recorder op-ed “Pakistan: ML/CFT challenges in trade” carried by the newspaper...

Published 16 Jul, 2021 04:34am

Pakistan

Azhar to continue as Chairman of NCG of AML, CFT

ISLAMABAD: Owing to the recent change of portfolios in the Prime Minister’s Cabinet, the Cabinet Division,...

Published 06 May, 2021 03:49am

Pakistan

Hammad to continue to act as Chairman of National Coordination Group of AML, CFT

Over the years, Pakistan has demonstrated significant progress, more work is required to mainstream FATF/APG safeguards across various sectors of the economy and national and sub national systems.

Published 05 May, 2021 06:38pm

Business & Finance

SBP & SECP amend ToRs to enhance Anti-Money Laundering supervision

As per SBP, the interagency cooperation between financial sector regulators is a crucial element for the effective supervision of financial groups, which comprise various types of financial institutions.

Published 22 Apr, 2021 01:22pm

FATF Action Plan: Progress made on all 27 benchmarks

ISLAMABAD: Pakistan has made progress on all the 27 benchmarks laid down in Financial Action Task Force (FATF) ...

Published 15 Feb, 2021 04:53am

SBP amends AML/CFT/CPF Regulations

KARACHI: The State Bank of Pakistan (SBP) has amended Anti-Money Laundering, Combating the Financing of Terrorism...

Published 28 Jan, 2021 04:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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