AGL40.01▼ -0.2 (0.00%)AIRLINK127▼ -0.64 (-0.01%)BOP6.69▲ 0.02 (0.00%)CNERGY4.51▲ 0.06 (0.01%)DCL8.64▼ -0.09 (-0.01%)DFML41.04▼ -0.12 (0.00%)DGKC85.61▼ -0.5 (-0.01%)FCCL33.11▲ 0.55 (0.02%)FFBL66.1▲ 1.72 (0.03%)FFL11.55▼ -0.06 (-0.01%)HUBC111.11▼ -1.35 (-0.01%)HUMNL14.82▲ 0.01 (0.00%)KEL5.17▲ 0.13 (0.03%)KOSM7.66▲ 0.3 (0.04%)MLCF40.21▼ -0.12 (0.00%)NBP60.51▼ -0.57 (-0.01%)OGDC194.1▼ -0.08 (0.00%)PAEL26.72▼ -0.19 (-0.01%)PIBTL7.37▲ 0.09 (0.01%)PPL153.79▲ 1.11 (0.01%)PRL26.21▼ -0.01 (0.00%)PTC17.18▲ 1.04 (0.06%)SEARL85.6▼ -0.1 (0.00%)TELE7.57▼ -0.1 (-0.01%)TOMCL34.39▼ -2.08 (-0.06%)TPLP8.82▲ 0.03 (0.00%)TREET16.82▼ -0.02 (0.00%)TRG62.55▼ -0.19 (0.00%)UNITY27.29▼ -0.91 (-0.03%)WTL1.3▼ -0.04 (-0.03%)

Tuesday, November 19, 2024

Home Top News Anti-Money laundering legislation is a requirement of FATF: Law Minister

Anti-Money laundering legislation is a requirement of FATF: Law Minister

by News desk
August 28, 2020
in Top News

[tta_listen_btn]

Staff Reporter

Islamabad

Federal Minister for Law and Justice, Barrister Dr. Muhammad Farogh Naseem has said that Anti-Money Laundering legislation is a requirement to meet the criteria laid out by the Financial Action Task Force (FATF). He expressed his views while giving an interview to a TV channel on Wednesday.
The Law Minister further said that it is wrong to suggest that making arrests without warrant in money laundering cases is not a requirement of FATF. According to Code of Criminal Procedure (CrPC) there are a number of offences for which arrests can be made without warrants.