FBR Restricts Operations of 150 Jewellers Bank Accounts Over Compliance Failures Under Anti-Money Laundering Framework
The Federal Board of Revenue instructs 29 banks to freeze debit transactions across 150 accounts belonging to jewellers due to persistent AML compliance violations.
Federal Board of Revenue Grants Commercial Banks Digital Access to Public Servant Asset Declarations
To strengthen anti-money laundering frameworks under IMF commitments, the FBR allows banks to scrutinize asset filings of senior government officials.
SECP Mandates UBO Disclosures to Align Pakistan Banking and Corporate Governance with IMF Standards
The SECP has launched a nationwide drive requiring companies to disclose Ultimate Beneficial Owners by April 30, 2026, to curb illicit financial flows and meet IMF benchmarks.
Pakistan Hosts Workshop on Combating Trade-Based Money Laundering and Trade Fraud
NIBAF Pakistan, in collaboration with ADB, ICC Pakistan, and FMU, conducted a two-day workshop on combating trade-based money laundering and trade fraud, promoting transparency and global standards in trade finance.
NIBAF Training Enhances Bankers’ Skills in Trade-Based Money Laundering Compliance
NIBAF Pakistan organized a three-day training program for commercial bank officers on international trade and trade-based money laundering, equipping participants with skills to detect, prevent, and manage TBML risks.
NIBAF Conducts TBML Training to Strengthen Banking Compliance
NIBAF Pakistan conducts a specialized training program on Trade-Based Money Laundering for Bank Alfalah Limited, focusing on regulatory compliance, red flag identification, and improved AML controls across trade operations.
NIBAF Pakistan Hosts One-Day AML-360 Training Program for YAP Pakistan Officials
NIBAF Pakistan conducted a one-day AML-360 training program for YAP Pakistan officials in Lahore, enhancing their understanding of Anti-Money Laundering frameworks, compliance strategies, and fintech-specific risk management.
NIBAF conducts AML case study assessment for SBOTS 27th batch to boost compliance culture in Pakistan’s banking sector
NIBAF Pakistan organized an AML case study assessment for the SBOTS 27th batch under the supervision of top experts, reinforcing strong compliance practices and preparing future central bankers to uphold Pakistan’s regulatory standards.