JD Supra (Blogs)
5 results for JD Supra (Blogs)
- JD Supra Pakistan JD Supra, 2019
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Terrorist Financing Risks in Pakistan in Early 2020
Interaction between Pakistan’s government officials and the Paris-based Financial Action Task Force (FATF), which monitors and controls international terrorist financing and money laundering, was a back-and-forth in 2019. The FATF called on Pakistan multiple times to increase efforts against the financing of terrorism – the most recent time being in October 2019 when the FAFT warned Pakistan to...
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Pakistan’s Macroeconomic Instability
The macroeconomic outlook for Pakistan in 2016 was much more positive than it is today. Then-Managing Director of the International Monetary Fund (IMF), Christine Lagarde, visited Pakistan and evaluated that the country was “out of crisis.” The IMF’s partner institution, the World Bank, took a similarly positive stance in 2016 and assessed that Pakistan’s economy would increase at a robust rate...
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China-Pakistan Economic Corridor: A New Frontier for Investment Treaty Disputes?
China’s One Belt One Road initiative (“OBOR Initiative”) provides promising and lucrative opportunities for foreign investors to invest in large-scale infrastructure projects across Asia, the Middle East, Africa, and Europe. One of the most notable partnerships to arise out of the OBOR Initiative is the China-Pakistan Economic Corridor (“CPEC”)...
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REGULATORY: Global Competition Law: Pakistan’s Competition Commission grants Leniency in Electrical Products Cartel by Suzanne Rab
In a landmark decision on 4 April 2012, Pakistan’s Competition Commission (CCP) granted Siemens total immunity from fines for its cooperation in a cartel investigation relating to bid rigging in supplies to power companies. This case is the first time that the fledgling competition authority has received and granted a request for leniency.