Bangladesh key opposition / Indonesia MLA training / Pakistan FATF report

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Bangladesh jails key opposition lawmaker for graft.  The country’s opposition has long complained that Prime Minister Sheikh Hasina’s ruling Awami League party — which tightened its grip on power following elections last year — is seeking to muzzle dissent.

The Express Tribune: https://tribune.com.pk/story/2085004/3-bangladesh-jails-key-opposition-lawmaker-graft/

 

ICAR training: Mutual Legal Assistance and the use of offshore structures to conceal beneficial ownership of illicit assets.  Experts from the International Centre for Asset Recovery (ICAR) conducted a workshop in Indonesia relating to beneficial ownership, aimed at enhancing capacity to formulate proper Mutual Legal Assistance (MLA) requests in order to follow leads for crucial information held abroad. It focused on securing all critical foreign evidence, and unravelling corporate and trust entities.

Basel Institute on Governance: https://www.baselgovernance.org/news/icar-training-mutual-legal-assistance-and-use-offshore-structures-conceal-beneficial-ownership

 

[Anti-Money Laundering] risks in Pakistan: consequences of the latest FATF report (Blog).  “Being on the [Financial Action Task Force] grey list may have a negative impact on the country’s ability to access international lending instruments and decrease its attractiveness for foreign investments…international financial institutions may apply enhanced due diligence before doing business with Pakistan and conduct enhanced transaction checks during any relationship.”

Kateryna Boguslavska/Basel Institute on Governance: https://www.baselgovernance.org/blog/aml-risks-pakistan-consequences-latest-fatf-report

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