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Saturday, January 11, 2025

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

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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.