FATF sets new targets for Pakistan over terror financing
ISLAMABAD - The Financial Action Task Force (FATF) has set new targets for Pakistan in which terror financing, as well as the sale of jewellery and prize bonds, would be monitored.
As reported link by a private media outlet, the State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Securities and Exchange Commission of Pakistan (SECP), Federal Investigation Agency (FIA) and National Counter Terrorism Authority (NACTA) would collect relevant record in this regard from various sectors, including telecom banking.
SBP’s monitoring unit would provide data of prize bond owners.
According to sources, terrorists’ access to prize bonds and transfer of money through telecom banking has been hampered.