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Pakistan Adopts Rules to Fight Terrorism Financing

Pakistan's national financial authority has adopted new regulations to fight money laundering and terror financing and to comply with Financial Action Task Force's (FATF) guidelines, a global financial watchdog that recently placed Pakistan on its gray list for its inability to choke terror financing. Securities and Exchange Commission of Pakistan, or SECP's "Anti-Money Laundering and Countering Financing of Terrorism Regulations, 2018" is a framework designed to...

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