JazzCash Binance MoU Signals Strategic Push for Regulated Virtual Assets in Pakistan
JazzCash and Binance have signed an MoU to explore collaboration for responsible virtual asset growth in Pakistan, aligning with the country’s evolving regulatory framework and the establishment of PVARA.
Ali Jawahir Rizvi Appointed Chief Compliance Officer & Head of Financial Crime Risk Governance at Standard Chartered Bank Pakistan
Standard Chartered Bank Pakistan has appointed Ali Jawahir Rizvi as its new Chief Compliance Officer and Head of Financial Crime Risk Governance. With extensive expertise in regulatory compliance and risk management, Rizvi will enhance the bank’s commitment to transparency, ethical standards, and robust financial crime risk governance.
TPL REIT Announces Potential Divestment of Hoshang Project to Streamline Portfolio
TPL REIT Fund I plans to potentially divest its Hoshang Project through sale of Project-B One Hoshang, subject to regulatory and corporate approvals, reflecting a strategic move to optimize its portfolio in Pakistan’s real estate market.
Imtiaz Khan Warsi Appointed as Head of Compliance at Aik Digital, Strengthening Governance and Transparency
Aik Digital appoints Imtiaz Khan Warsi, CAMS, as its new Head of Compliance, reinforcing its commitment to strong governance, regulatory compliance, and ethical business practices in Pakistan’s rapidly growing digital financial sector.
SECP Introduces Standardized Financial Statement Formats for Life and Non-Life Insurers
The Securities and Exchange Commission of Pakistan has rolled out new financial statement formats for life and non-life insurance companies, aligning the sector with IFRS 17 standards and global reporting practices.
NIBAF Organizes Specialized Training on Money Laundering and Terrorism Financing Risk Mitigation
NIBAF Pakistan held a one-day training in Lahore on money laundering and terrorism financing risk mitigation, enhancing compliance capacity of banking professionals and strengthening AML/CFT measures within the financial sector.
State Bank of Pakistan Rolls Out Recovery Planning Framework to Strengthen Banking Sector Resilience
SBP introduces a regulatory framework on recovery planning to ensure banks in Pakistan are prepared for financial distress, aligning practices with global standards and reinforcing banking sector resilience.
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.
NIBAF Advances Financial Oversight Training with SBOTS-27 and Prudential Regulations Session
NIBAF conducted SBOTS-27 under the State Bank of Pakistan’s training framework, featuring a dedicated session on prudential regulations led by senior official Attaullah Memon on June 24–25, 2025.
NIBAF Conducts Senior Management Training for Pakistan Currency Exchange on Financial Strategy and Institutional Development
NIBAF Pakistan hosted a specialized training session for senior management of Pakistan Currency Exchange, focusing on financial strategy, institutional development, and regulatory alignment, led by finance expert Abdul Qadeer Akram.