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Financial Action Task Force(FATF)
- Established in 1989, HQ Paris
- an inter-governmental body
- to combat money laundering, terrorist financing and financing of proliferation of weapons of mass destruction.
Grey List Countries of FATF
safe haven for supporting terror funding and money laundering. eg Pak
Black List Countries
Non-Cooperative Countries or Territories (NCCTs) are put in the blacklist
News- IND to sue Pakistani Ahmed Syyed for a murder charge.(Pak is in Grey List)
Financial Action Task Force(FATF)
- Established in 1989, HQ Paris
- an inter-governmental body
- to combat money laundering, terrorist financing and financing of proliferation of weapons of mass destruction.
Grey List Countries of FATF
safe haven for supporting terror funding and money laundering. eg Pak
Black List Countries
Non-Cooperative Countries or Territories (NCCTs) are put in the blacklist
News- IND to sue Pakistani Ahmed Syyed for a murder charge.(Pak is in Grey List)
#PT2020 #OrgInNews #2MinRead
National Legal Services Authority (NALSA)
It's a statutory body constituted under the Legal Services Authorities Act, 1987, to provide free legal services to weaker sections of society.
Functions
Organise Lok Adalats for amicable settlement of disputes.
Identify specific categories of the marginalised and excluded groups and formulates various schemes for the implementation of preventive and strategic legal service programmes.
Provide free legal aid in civil and criminal matters for the poor and marginalised people who cannot afford the services of a lawyer in any court or tribunal
In News
NALSA stated that around 11,077 undertrials have been released from prisons nationwide as part of the mission to decongest jails following the COVID-19 pandemic.
National Legal Services Authority (NALSA)
It's a statutory body constituted under the Legal Services Authorities Act, 1987, to provide free legal services to weaker sections of society.
Functions
Organise Lok Adalats for amicable settlement of disputes.
Identify specific categories of the marginalised and excluded groups and formulates various schemes for the implementation of preventive and strategic legal service programmes.
Provide free legal aid in civil and criminal matters for the poor and marginalised people who cannot afford the services of a lawyer in any court or tribunal
In News
NALSA stated that around 11,077 undertrials have been released from prisons nationwide as part of the mission to decongest jails following the COVID-19 pandemic.
#PT2020 #OrgInNews #1MinRead
Narcotics Control Bureau
It is the nodal drug law enforcement and intelligence agency of India.
It is responsible for fighting drug trafficking and the abuse of illegal substances.
HQ - New Delhi
Founded - 1986
It comes under the Ministry of Home Affairs.
Narcotics Control Bureau
It is the nodal drug law enforcement and intelligence agency of India.
It is responsible for fighting drug trafficking and the abuse of illegal substances.
HQ - New Delhi
Founded - 1986
It comes under the Ministry of Home Affairs.
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World Economic Forum
- based in Geneva, Switzerland
- founded - 1971
- It is an NGO committed to improving the state of the world by engaging business, political, academic, and other leaders of society..
- WEF hosts an annual meeting at the end of January in Davos.
- The meeting hosts around 3,000 business leaders, international political leaders, economists, celebrities and journalists to discuss global issues.
World Economic Forum
- based in Geneva, Switzerland
- founded - 1971
- It is an NGO committed to improving the state of the world by engaging business, political, academic, and other leaders of society..
- WEF hosts an annual meeting at the end of January in Davos.
- The meeting hosts around 3,000 business leaders, international political leaders, economists, celebrities and journalists to discuss global issues.
#OrgInNews #PT2020
National Credit Guarantee Trustee Company Limited (NCGTC)
- Set up in 2014 by the Department of Financial Services, under the Ministry of Finance.
- It's a Private limited company with a paid-up capital of ₹10 crore.
- Trust Funds under the trusteeship management of NCGTC:
- Credit Guarantee Fund for Skill Development (CGFSD
- Credit Guarantee Fund for Education loans (CGFEL)
- Credit Guarantee Fund for Factoring (CGFF)
National Credit Guarantee Trustee Company Limited (NCGTC)
- Set up in 2014 by the Department of Financial Services, under the Ministry of Finance.
- It's a Private limited company with a paid-up capital of ₹10 crore.
- Trust Funds under the trusteeship management of NCGTC:
- Credit Guarantee Fund for Skill Development (CGFSD
- Credit Guarantee Fund for Education loans (CGFEL)
- Credit Guarantee Fund for Factoring (CGFF)
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Treaty on Open Skies
- It establishes a program of unarmed aerial surveillance flights over the entire territory of its participants.
- Enforcement - 2002,
- Member Countries - 35
- It aims at enhancing mutual understanding and confidence by giving all participants, a direct role in gathering information about military forces and activities of concern to them.
News - US President Trump has announced withdrawal from the treaty due to alleged Russian violations.
Treaty on Open Skies
- It establishes a program of unarmed aerial surveillance flights over the entire territory of its participants.
- Enforcement - 2002,
- Member Countries - 35
- It aims at enhancing mutual understanding and confidence by giving all participants, a direct role in gathering information about military forces and activities of concern to them.
News - US President Trump has announced withdrawal from the treaty due to alleged Russian violations.
#OrgInNews #PT2020 #2MinRead
United Nations
- It is an intergovernmental organization
- Aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations.
- UN is headquartered on international territory in New York City, with its other main offices in Geneva, Nairobi, Vienna and The Hague.
- Official languages - Arabic, Chinese, English French, Russian and Spanish
- Members - 193 member states
2 observer states
Six main organs of the UN
1. General Assembly,
2. Security Council,
3. Economic and Social Council,
4. Trusteeship Council,
5. International Court of Justice,
6. UN Secretariat.
United Nations
- It is an intergovernmental organization
- Aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations.
- UN is headquartered on international territory in New York City, with its other main offices in Geneva, Nairobi, Vienna and The Hague.
- Official languages - Arabic, Chinese, English French, Russian and Spanish
- Members - 193 member states
2 observer states
Six main organs of the UN
1. General Assembly,
2. Security Council,
3. Economic and Social Council,
4. Trusteeship Council,
5. International Court of Justice,
6. UN Secretariat.
#OrgInNews #PT2020 #2MinRead
ASEAN
- Association of Southeast Asian Nations (ASEAN) Summit
- It is a regional grouping that promotes economic, political, and security cooperation.
- Established in 1967 in Bangkok, Thailand, with ASEAN Declaration (Bangkok Declaration)
- Secretariat - Jakarta, Indonesia
- Founding fathers of ASEAN - Indonesia, Malaysia, Philippines, Singapore and Thailand.
- It consists of 10 members namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
- Chairmanship of ASEAN rotates annually, based on the alphabetical order of the English names of Member States.
- ASEAN countries have a total population of 650 million people and a combined Gross Domestic Product (GDP) of $2.8 trillion.
News -
Recently, the 36th ASEAN Summit was held via video conference to focus on the Covid-19 pandemic response, post-pandemic recovery and further cooperation.
ASEAN
- Association of Southeast Asian Nations (ASEAN) Summit
- It is a regional grouping that promotes economic, political, and security cooperation.
- Established in 1967 in Bangkok, Thailand, with ASEAN Declaration (Bangkok Declaration)
- Secretariat - Jakarta, Indonesia
- Founding fathers of ASEAN - Indonesia, Malaysia, Philippines, Singapore and Thailand.
- It consists of 10 members namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
- Chairmanship of ASEAN rotates annually, based on the alphabetical order of the English names of Member States.
- ASEAN countries have a total population of 650 million people and a combined Gross Domestic Product (GDP) of $2.8 trillion.
News -
Recently, the 36th ASEAN Summit was held via video conference to focus on the Covid-19 pandemic response, post-pandemic recovery and further cooperation.