Tag: anti-money laundering

Pakistan has raised the mandatory cash transaction reporting threshold from Rs2 million to Rs3 million as part of wider anti-money laundering reforms.

Pakistan has approved adding PVARA to the Anti-Money Laundering Act framework, expanding oversight of virtual assets and financial crime risks.

NIBAF Pakistan conducts AML 360° training for banking professionals, focusing on money laundering risks, compliance frameworks, fraud prevention and risk mitigation.

Pakistan’s Senate approves the Virtual Assets Bill 2025 to establish a permanent legal framework for cryptocurrencies and digital assets, strengthening regulation, licensing, and compliance with global standards.

Starting October 25, 2025, the State Bank of Pakistan will block all digital bank accounts and mobile wallets without biometric verification, as part of its new framework to enhance financial security, transparency, and compliance across the country’s banking ecosystem.