SBP Forms Financial Institutions Resolution Department to Address Sector Challenges
The State Bank of Pakistan (SBP) has announced the establishment of the Financial Institutions Resolution Department (FIRD), a specialized unit…
Cabinet Reviews Dual Nationals’ Eligibility for Key SBP Positions Under New Amendment
The Federal Cabinet has formed a special committee to review proposed amendments to the State Bank of Pakistan (SBP) Act,…
SECP Delegation Visits China to Strengthen Capital Market Collaboration
A high-level delegation from Pakistan, led by Securities & Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, is currently visiting…
SBP Likely to Take Cautious Approach to Interest Rate Cuts Amid Economic Challenges
The State Bank of Pakistan (SBP) is expected to adopt a measured approach to reducing the policy rate, despite significant…
SBP Restructures Banking Supervision, Introduces Cyber Risk Management Unit
The State Bank of Pakistan (SBP) has announced a significant restructuring of its Banking Supervision Group to enhance regulatory oversight…
SBP Restructures Banking Supervision and Launches New Cyber Risk Department
In a strategic move to enhance its regulatory oversight and strengthen its response to emerging risks in the financial sector,…
ESRB Highlights Rising Financial Stability Risks Amid Geopolitical and Economic Uncertainty
During its 56th regular meeting on November 28, 2024, the General Board of the European Systemic Risk Board (ESRB) raised…
Central Bank of Türkiye Revises Collateral Haircuts to Enhance Market Operations
The Central Bank of the Republic of Türkiye (CBRT) has announced significant revisions to the collateral haircuts applicable to various…
PM Forms Committee to Review Proposal Allowing Dual Nationals as SBP Governors
Prime Minister Shehbaz Sharif has taken a significant step towards reviewing the proposed amendments to the State Bank of Pakistan…
SECP Plans IFSB Compliance Assessment to Bolster Islamic Capital Market
The Securities and Exchange Commission of Pakistan (SECP) has announced its intention to assess compliance with the Islamic Financial Services…