Pakistan Realtor Federation participated in Bahria Town Awareness seminar on FAFT Regulation and Registration

Islamabad: Bahria Town Control and AAA Friends hosted a seminar on “consciousness of FATF laws and registration” on seventeenth September 2021. The development was once arranged at Pearl Continent, Rawalpindi. The honorable leader visitors on this auspicious instance had been Administrators HQ Designated Non-Monetary Companies and Professions Nasir Ahmed, and Zafar Iqbal, President Realtor Federation Sardar Tahir, and Chairman Realtor Federation Musarat Ejaz Khan.

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Pakistan has been on the FATF’s gray record for strategic deficiencies in its counter-terror financing, anti-money laundering, and proliferation financing laws since June 2018. The Designated Non-Monetary Companies and Professions has sought the cooperation of actual property associations far and wide the rustic to fulfill necessities of the Monetary Motion Activity Pressure (FATF) in relation to non-financial companies and professions to fight cash laundering and financing of terrorism. The seminar aimed to lend a hand Property developers in regards to the new laws and was hoping that Property Developers would proceed to conform to the anti-money laundering (AML) and counter-terrorist financing (CFT) rules and laws.

The visitor audio system Administrators HQ Designated Non-Monetary Companies and Professions Nasir Ahmed and Zafar Iqbal apprised contributors of actual property associations concerning the FATF’s necessities in relation to DNFBPs and known as for collective efforts of the federal government and actual property brokers to fight cash laundering and financing of terrorism.

Ejaz Khan and Sardar Tahir, Chairman and President of the Federation of Realtors Pakistan, and place of job bearers of Actual Property Associations partook in the seminar and confident the developers concerning the certain facets of those laws.

On this seminar, quite a lot of property developers from the dual towns of Islamabad and Rawalpindi participated. The only real goal of the development was once to handle demanding situations bearing on the development trade amid FATF crises. The seminar was once adopted by means of a lovely dinner.

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