NRI Dunia
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Pak passes Bill to check terror funding

Islamabad: Pakistan’s Parliament has passed a Bill aimed at bringing more control and transparency in the registration and regulation of cooperative societies to check terror financing as part of the country’s efforts to escape from being blacklisted by the global money laundering and terrorist financing watchdog. The Paris-based Financial Action Task Force (FATF) put Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to avoid being blacklisted.