FMU successfully held 6th meeting of Financial Intelligence Sharing & Coordination Committee on ML/TF/PF on 2nd June 2023 under the chairmanship of worthy DG FMU. This is a sub-committee of General Committee (GC) established to form an effective partnership and enhance coordination among law enforcement agencies and Financial Monitoring Unit for utilization of Financial Intelligence relating to Money Laundering, Terrorist Financing, Proliferation Financing, and other predicate offences.
The meeting was attended by the senior officials from FBR-Inland Revenue, FBR-Customs, Anti-Narcotics Force, National Accountability Bureau, provincial counter terrorism departments (CTDs) and National Counter Terrorism Authority (NACTA). At the outset of meeting, Ms. Lubna Farooq Malik, DG FMU welcomed the participants and highlighted the purpose of this meeting and informed that this committee provides an opportunity to all the stakeholders to enhance coordination and to take collective measures to deter Money Laundering, Terrorism Financing, and other crimes.
LEA’s officials presented successful case studies initiated based on the financial intelligence disseminated by FMU. Detailed discussions took place and suggestions were provided on how to further enhance the coordination among the stakeholders.