Pakistan: State Bank Issues Draft Framework on Managing Risks of Trade-Based Money Laundering, Terrorist Financing and Proliferation Financing
On January 28, 2019, the State Bank of Pakistan (SBP) published a draft framework on …
Pakistan Embraces Blockchain, Alipay, To Shake Up Multi-Billion Dollar Remittance Flows
A drive by Pakistan to corral its deep inflows of remittances into formal channels has …
Pakistan: State Bank Consults on Draft Regulations for Non-Banking Entities
On October 8, 2018, the State Bank of Pakistan (SBP) launched a consultation seeking public …
Pakistan: Easypaisa Replaces Platform with Ericsson's Mobile Financial Service
Easypaisa, the Pakistan mobile money provider owned by Telenor and one of the largest mobile …
Pakistan: Central Bank Amends the AML/CTF Regulations
On November 14, 2017, the State Bank of Pakistan announced amendments to the Anti-Money Laundering …
Pakistan: State Bank Issues New PRISM Operating Rules
On March 6, 2018, the State Bank of Pakistan (SBP) published new PRISM (Pakistan Real …
Pakistan: State Bank Signs Agreement with Karandaaz Pakistan to Create Regulatory Framework for Digital Banks
On March 19, 2018, the State Bank of Pakistan announced its collaboration with Karandaaz Pakistan, …
Pakistan: State Bank Issues Electronic Fund Transfers Regulations
On May 9, 2018, the Payment System Department of the State Bank of Pakistan issued …
Pakistan: Securities & Exchange Commission Notifies New AML/CFT Regulations
On June 20, 2018, the Securities & Exchange Commission of Pakistan (SECP) released its Anti-Money …