Pakistan Strengthens Crackdown on Illegal Fuel Pumps, Hawala, Smuggling, and Terrorism Networks
Federal government intensifies action against non-digitised petrol pumps, hawala/hundi operations, smuggling, and crime-terror nexus while boosting counter-terrorism efforts across provinces.
LSE Ventures receives SECP corporate restructuring license to acquire and revive distressed companies
LSE Ventures Limited has obtained a Corporate Restructuring Company license from SECP, enabling it to acquire non-performing assets and undertake restructuring and revival of distressed businesses in Pakistan.
NIBAF Pakistan AML-CFT and KYC Compliance Training for Banking Professionals
NIBAF Pakistan organized a two-day training program on AML-CFT and KYC/CDD compliance from January 14–15, 2026, focusing on regulatory requirements, risk management, and compliance challenges faced by financial institutions.
SECP Flags Governance and Filing Violations by Power Sector Companies
SECP has issued compliance notices to seven power sector entities for failing to meet statutory filing and governance requirements under the Companies Act, 2017, including missing annual returns, financial statements, and mandatory board appointments.
LSE Ventures Limited Receives SECP License to Enter Corporate Restructuring Business
LSE Ventures Limited has received a Corporate Restructuring Company license from SECP, enabling it to acquire non-performing assets and undertake restructuring, revival, and liquidation of distressed companies.
SBP Cancels Glaxy Exchange License for Serious Regulatory Violations
The State Bank of Pakistan has revoked the license of Glaxy Exchange with immediate effect due to serious regulatory violations, barring the company from conducting foreign exchange business nationwide.
CAT Upholds CCP Penalties on Banks and PBA in Enhanced Savings Account Cartel Case
Competition Appellate Tribunal dismisses appeals by major banks and PBA, upholding Rs205 million penalties imposed by CCP over cartel-like conduct in the launch of Enhanced Savings Accounts.
SBP Simplifies Overseas Remittance Rules to Cut Delays and Improve Banking Efficiency
State Bank of Pakistan relaxes foreign remittance rules, allowing banks to send salaries and professional fees abroad without prior SBP approval, aiming to improve efficiency and ease compliance.
SBP Cancels License of Galaxy Exchange for Serious Regulatory Breaches
State Bank of Pakistan revokes the authorization of Galaxy Exchange with immediate effect due to serious violations of regulatory instructions, barring it from all foreign exchange activities.
Saudi, Kuwaiti investors initiate $2bn arbitration against Pakistan over K-Electric
Saudi and Kuwaiti investors in K-Electric have launched a $2 billion international arbitration against Pakistan, citing regulatory interference, unpaid dues, and delays in a blocked sale of the power utility.