Financial Regulations | MCQs

Explanation

Pakistan needs 12 votes out of 39 to exit the 'grey' list and move to the 'white' list.

To avoid 'black' list, it needs support of three countries.

China, Turkey and Malaysia are its consistent supporters.

Explanation

The Anti-Money Laundering Act was passed in 2010.

It was designed to combat money laundering and financial crimes by establishing regulations and procedures for financial institutions.

Explanation

CARs stands for_____?

Computerized Automated Recording System