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Tag Archives: SBP revokes licence of TAG Innovation

SBP revokes licence of TAG Innovation


October 8, 2022

KARACHI: The State Bank of Pakistan (SBP) on Friday revoked the in-principle and pilot operation approvals granted to TAG Innovation Pvt Ltd to operate as an Electronic Money Institution (EMI) with immediate effect as per the applicable laws. “The SBP has taken this decision to protect the interest of public at large after identifying violation of its regulatory requirements and …

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