SBP Adjusts Remuneration Rate for Special Cash Reserve Account to 2.65 Percent for May 2026
The State Bank of Pakistan has revised the remuneration rate on US Dollar Special Cash Reserve Accounts to 2.65 percent for May 2026, aligning with SOFR benchmarks.
NIBAF Pakistan Hosts Comprehensive Certification Program for Compliance Professionals in Lahore
NIBAF Pakistan successfully organized a three-day Certified Compliance Professional program in Lahore to strengthen regulatory and risk management expertise.
State Bank of Pakistan Updates Framework to Allow Banking Access for Licensed Virtual Asset Providers
SBP issues new guidelines under the Virtual Assets Act 2026 allowing banks to provide accounts and services to PVARA-licensed Virtual Asset Service Providers.
State Bank of Pakistan Revokes Al Sahara Exchange Company Authorization
The SBP has revoked the license of Al Sahara Exchange Company following a voluntary request, ending its authority to conduct foreign exchange transactions in Pakistan.
State Bank of Pakistan Sets Remuneration Rate for Special Cash Reserve Account at 2.66 Percent
The State Bank of Pakistan notifies a 2.66 percent remuneration rate for April 2026 on Special Cash Reserve Accounts for FE-25 foreign currency deposits.
Wall Street Secures Major Regulatory Win as Federal Reserve Softens Basel III Capital Requirements
US banking regulators have unveiled a revised capital rule proposal, cutting requirements by 4.8 percent and freeing billions for dividends, buybacks, and lending.
NIBAF Highlights Digital Fraud Risks and Regulatory Safeguards in Advanced Banking Courses
NIBAF Pakistan hosted a focused session on digital fraud risk and regulatory safeguards during its international banking courses, addressing cyber-enabled financial crime and control frameworks in modern banking.
Crypto’s Compliance Reckoning: How Digital Assets Are Reshaping Bank Risk Frameworks
As crypto activity shifts from the margins to the mainstream, banks face growing regulatory pressure to treat digital asset exposure as a core compliance and prudential risk. This advisory analysis examines how evolving regulations, institutional participation, and Pakistan’s move toward formal crypto oversight are reshaping compliance expectations for financial institutions.
NIBAF Highlights AML and CFT Compliance in International Banking Courses Focused on FATF Standards
NIBAF Pakistan hosted a specialized AML and CFT session during its international banking courses, focusing on FATF compliance, regulatory frameworks, and financial integrity.
SBP Revises Maximum Remuneration Limits for Bank and DFI Directors
The State Bank of Pakistan has revised maximum remuneration limits for directors attending board and committee meetings of banks and DFIs, updating its Corporate Governance Regulatory Framework to strengthen transparency and oversight.