ISLAMABAD: While allowing a four-month lifesaver, the Financial Action Task Force (FATF) has firmly asked Pakistan to quickly finish its full activity plan by February 2020 and up to that point the nation will stay on the ‘grey list’.
The Paris-based FATF explored measures taken and progress made by around 15 nations, including Pakistan, combating the financing of terrorism and vis-à-vis anti-money laundering (CFT/AML) in its five-day, which concluded on Friday.
Also, Read Pakistan royal visit: Prince William and Kate mingle with Kalasha community.
Toward the finish of the gathering, three nations — Iceland, Mongolia, and Zimbabwe — were added to the grey list, while Sri Lanka, Tunisia, and Ethiopia were expelled from the list as they have satisfactorily consented to the FATF suggestions.
The news isn’t that great on account of Pakistan as the worldwide watchdog warned of activity on the off chance that critical and supportable advancement isn’t made over the full scope of activity plan by the following entire booked for February 2020, an announcement gave by the FATF said.
The activity, it included, could incorporate the FATF approaching its members and urging all jurisdictions to advise their budgetary foundations to give attention for transactions and business relations Pakistan.
Some 15 countries, including Australia and Singapore, are reportedly banding together to create a data collection and sharing system on individuals carrying out cryptocurrency transactions.
According to Nikkei, the common goal would be to prevent funds from being laundered or used to finance terrorist organizations.
The system will be designed by the Financial Action Task Force, an organization spanning across more than 30 member countries tasked with combatting money laundering, and the objective is to establish detailed measures by 2020.
It is hoped the system, which will be operated by the private sector, will be active a few years later.
Regulators and governments across the globe have been struggling to deal with the rapid rise of cryptocurrency ever since Bitcoin first burst on the scene some 10 years ago.
Japan, the home of now-defunct Mt.
Google - The giant of technology world, Google finally resolve the tax dispute chronic in Australia.
Google agreed to pay by 481,5 million Australian dollars or about Rp 4.6 trillion in the Australian Tax Office/Australian Taxation Office or ATO.
A spokesman for Google stated the completion of the payment of tax was made after a tax audit of the company in 2008 until 2018 to the Government of Australia done.
The settlement of the affairs of the tax chronic is considered to provide certainty of tax treatment tarhadap Google in the future.
In the description of the rooms, the ATO said it has bagged a 1.25 billion Australian dollars from the settlement of the difference in tax with technology giants such as Microsoft, Apple and Facebook.
"Taxation of the digital giant it is now will be returned to the tax base of Australia," said the ATO as reported by Reuters on Wednesday (18/12).
बुधवार को एक पाकिस्तानी कोर्ट ने कुख्यात पाकिस्तानी आतंकवादी हाफीज़ सईद को आतंकवादी सम्बंधित गतिविधियों के लिए 11 साल की सजा सुनाई थी , पर भारत में इस कदम का खासा स्वागत नहीं हुआ है । इसकी वजह ये है की अभी अंतराष्ट्रीय लेवल पर फाइनेंसियल एक्शन टास्क फाॅर्स की एक मीटिंग होने वाली है , ये टास्क फाॅर्स आतंकवाद पर नजर रखती है । इसकी मीटिंग पेरिस में होने वाली है और यहाँ पर हफ़ीज़ सईद को ब्लैकलिस्ट होने से बचाने के लिए पाकिस्तान ने ये कदम उठाया है । पाकिस्तान इस झूठी कार्यवाही को FATF के सामने पेश करके हफ़ीज़ सईद को ब्लैक लिस्ट होने से बचाना चाह रहा है ।Read more: Latest Terrorism News
