Overview

A number of amendments have been made to the Anti- Money Laundering and Countering Financing of Terrorism (AML/CFT) laws in Pakistan over the past few years in order to ensure compliance with the recommendations of the Financial Action Task Force (FATF). As a result Board members & Executives, have had to be more conscious and remain up to date on the changes taking place to ensure oversight & implementation of policies, procedures and controls for the prevention of Money Laundering and Terrorism Financing (ML/TF) are effectively taking place to avoid any risks in this regard. Constant update and timely submission of accurate data/returns as required under applicable laws to avoid any penal provisions becoming applicable as a result of non-compliance.

PICG is therefore pleased to introduce these workshops to help increase awareness amongst Board members & Executives of companies with regard to their AML oversight roles and liabilities to enable them to effectively implement the statutory requirements within their respective organizations, ultimately benefitting such organizations by lowering risk and avoiding any related punitive liability.

The first session is specifically for the NPO Sector and the second one is our 2nd workshop on general compliances applicable to all companies.