Regulatory Alerts2020-10-01
Gazette Notification: Constitution of General Committee 2020
The Federal Government of Pakistan has formally constituted a General Committee under the Anti-Money Laundering Act, 2010, to oversee relevant regulatory functions. This committee consists of thirteen members, including various Secretaries, heads of national accountability, investigation, and regulatory bodies, with the Secretary of Finance serving as Chairman. The Director General of the Financial Monitoring Unit is designated to serve as both a member and the Secretary of the committee.
EXTRAORDINARY PUBLISHED BY AUTHORITY ISLAMABAD, THURSDAY, OCTOBER 1, 2020 Part II Statutory Notifications (S.R.O.) Government of Pakistan Ministry of Finance
S.R.O. 953(I)/2020.- In exercise of the powers conferred by sub-section (5) of section 5 of the Anti-Money Laundering Act, 2010 (VII of 2010), the Federal Government is pleased to constitute a General Committee comprising of following members:- a. Secretary Finance - Chairman b. Secretary Interior - Member c. Secretary Foreign Affairs - Member d. Secretary Law - Member e. Chairman National Accountability Bureau - Member f. Chairman Federal Board of Revenue - Member g. Director General, Federal Investigation Agency - Member h. Director General, Anti-Narcotics Force - Member i. Deputy Governor SBP - Member j. Commissioner SECP - Member k. Director General, FMU - Member/Secretary l. Director General FATF Cell - Member m. Any other member on the special Invitation of the General Committee
- The Director General FMU shall also act as Secretary to the General Committee. [Finance Division F. No. /AML-I/2020./Vol-II] (Asif Ali Alvi) Deputy Secretary (AML) The Manager Printing Corporation of Pakistan Press, Islamabad