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Legalising Virtual Currencies in Developing Economies:

Balancing Innovation, Regulation, and Systemic Risk-The Case of Pakistan Mian Zafar Iqbal Kalanauri Advocate Supreme Court Pakistan, Barrister, Arbitrator Fellow CIArb, Mediator CEDAR,IMI,CMC,U.S.A. , Master Trainer Mediation CEDAR , Legal Educator, Reformist of Judicial System and Legal Education, White Collar Crime Investigator[i] Table of Contents Abstract …………………………………………………………………………………………………………. i1. Introduction ……………………………………………………………………………………………….. 12. Financial Stability Risks …………………………………………………………………………….. […]

CPEC 2.0 and the Future of FDI in Pakistan

“Building Regional Capacity Through Shared Expertise” Mian Zafar Iqbal Kalanauri,Advocate Supreme Court Pakistan, Arbitrator (Fellow CIArb), Barrister, Mediator (CEDAR, IMI, CMC, USA), Master Trainer in Mediation (CEDAR), Legal Educator, Reformist of Judicial System and Legal Education, White-Collar Crime InvestigatorIntroductionThe China-Pakistan Economic Corridor (CPEC), a flagship of the Belt and Road Initiative (BRI), is among the […]

Cross-Border Construction Disputes and Beltway/BRI Investments

Comparative Lessons from China’s Arbitration Law, UNCITRAL Model Law, and Singapore Convention Cross-Border Construction Disputes and Beltway/BRI Investments Comparative Lessons from China’s Arbitration Law, UNCITRAL Model Law, and Singapore Convention Mian Zafar Iqbal Kalanauri, Advocate Supreme Court Pakistan, Arbitrator (Fellow CIArb), Barrister, Mediator (CEDAR, IMI, CMC, USA), Master Trainer in Mediation (CEDAR), Legal Educator, Reformist […]

Reforming Arbitration in Pakistan: A Critical Analysis of the Draft Arbitration Act 2024

Reforming Arbitration in Pakistan: A Critical Analysis of the Draft Arbitration Act 2024 By Mian Zafar Iqbal Kalanauri, Advocate Supreme Court Pakistan, Arbitrator (Fellow CIArb), Barrister, Mediator (CEDAR, IMI, CMC, USA), Master Trainer in Mediation (CEDAR), Legal Educator, Reformist of Judicial System and Legal Education, White-Collar Crime Investigator Index of Contents   Preface The Draft […]

The International Centre for Settlement of Investment Disputes (ICSID): A Critical Appraisal of its Legitimacy, Effectiveness, and Future Trajectory

The International Centre for Settlement of Investment Disputes (ICSID): A Critical Appraisal of its Legitimacy, Effectiveness, and Future Trajectory Mian Zafar Iqbal Kalanauri, Advocate Supreme Court Pakistan, Arbitrator (Fellow CIArb), Barrister, Mediator (CEDAR, IMI, CMC, USA), Master Trainer in Mediation (CEDAR), Legal Educator, Reformist of Judicial System and Legal Education, White-Collar Crime Investigator Abstract The […]

Reforming Legal Accountability for Road Traffic Deaths in Pakistan

Index of Contents Executive Summary Road crashes claim an estimated 28,000–38,000 lives annually in Pakistan, disproportionately affecting pedestrians (41%) and costing the economy nearly 3% of GDP. Yet, the Pakistan Penal Code (Sections 279, 320, 322) treats such deaths as largely bailable and compoundable offences, allowing offenders to escape meaningful punishment through diyāt settlements or […]

The Solar Panel Import Scandal in Pakistan: Trade-Based Money Laundering, Policy Gaps, and Enforcement Challenges

Executive SummaryThis report examines one of Pakistan’s largest recorded trade-based money laundering (TBML) cases — the 2023–2025 solar panel import scandal — which exposed systemic weaknesses in customs valuation, anti-money laundering controls, and renewable energy policy safeguards. The Federal Board of Revenue’s (FBR) Post-Clearance Audit uncovered over Rs111 billion in penalties against 13 importers, with […]