Tag Archives: SBP amends AML regulations to comply with FATF demands

KARACHI: The State Bank of Pakistan (SBP) has amended some provisions of Anti-Money Launde­r­ing, Combating the Financing of Terrorism & Countering Prolife­ra­tion Financing (AML/CFT/CPF) re­­gulations to align with the Financial Action Task Force (FATF) recommendations. The central bank on Wednesday issued details of the previous and amended regulations saying that these amendments will provide further clarity on implementation of AML/CFT/CPF …

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