NA passes FATF compliance-related bills

The National Assembly has passed two bills “The Anti-Terrorism (Amendment) Bill, 2020” and “The United Nations [Security Council] (Amendment) Bill, 2020”, critical for Pakistan’s compliance with FATF requirements to possibly bring the country out of its “grey list”. The legislation is aimed at empowering the federal govt. to direct authorities in Pakistan to implement various measures in light of the UN Security Council resolutions including the freezing and seizure of assets, travel ban and arms embargo on the entities and individuals, who are designated on the “sanctions list” of the UNSC.