State Bank Rejects Claims Linking Raast To Money Laundering
State Bank of Pakistan clarifies that FATF did not identify Raast as a money laundering mechanism or raise concerns about the integrity of Pakistan’s instant payment system.
FBR Revenue Jumps 40% As Pakistan Sustains Fiscal Discipline
Pakistan records three consecutive years of primary fiscal surpluses as FBR revenue rises 40%, tax to GDP improves and digital reforms reshape tax administration.
SECP Issues Notices To 28,761 Companies Over Ultimate Beneficial Ownership Disclosure
SECP has issued show cause notices to 28,761 companies for failing to submit mandatory Ultimate Beneficial Ownership details through Form 19 under the Companies Act, 2017.
NCCPL Launches Minor Trading Account for Investors Under 18
NCCPL has launched a Minor Trading Account allowing individuals under 18 to participate in Pakistan’s capital market through dedicated KYC onboarding, guardian linkage and automated monitoring controls.
SECP Probe Leads To FIA Case Over Alleged Multi Billion Rupee Financial Irregularities At Unity Foods
SECP has referred Unity Foods to FIA after identifying alleged misuse of funds, account discrepancies and other financial irregularities involving billions of rupees.
SBP Receives Unclaimed Deposits Surrendered By Banks And DFIs
Banks and Development Finance Institutions have surrendered unclaimed deposits up to December 31, 2025, to the State Bank of Pakistan, with eligible claimants now able to apply for refunds.
FBR Collects Rs1.722 Trillion In First Two Months Of FY27, Beats Target By Rs12 Billion
Federal Board of Revenue collected Rs1.722 trillion in taxes during July and August 2026, exceeding its two-month target by Rs12 billion despite August collections falling short of the monthly target.
IRIS 3.0 Signals Major Shift Toward Data Driven Tax Administration In Pakistan
FBR’s reported development of IRIS 3.0 could move Pakistan’s tax system beyond digital filing toward automated administration, pre-filled taxpayer data, cross-source integration, stronger verification and data-driven compliance.
NIBAF Pakistan Conducts Regulatory Training On Fair Treatment Of Banking Consumers
NIBAF Pakistan conducted a regulatory training session in Karachi on business conduct and fair treatment of consumers, covering consumer protection, grievance redressal and regulatory compliance.
SECP Introduces One Day Investor Account Opening Timeline For Eligible Accounts
SECP introduces a consolidated investor onboarding framework, reducing processing time for eligible Sehl and Sahulat accounts to one working day.