The Federal Board of Revenue of Pakistan published guidelines for strengthening the effectiveness of anti-money laundering and counterterrorist financing mechanisms of Pakistan Customs.
The Asia/Pacific Group on Money Laundering released its fourth follow-up report on Pakistan’s compliance with the Financial Action Task Force Recommendations on implementing an anti-money laundering and counterterrorist financing framework.
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The State Bank of Pakistan’s Offsite Supervision and Enforcement Department issued a Rs59,516,000 penalty against the Karachi, Pakistan-based financial institution for violating instructions and regulation related to anti-money laundering and counterterrorist financing.
The State Bank of Pakistan’s Offsite Supervision and Enforcement Department issued a Rs12.8 million penalty against the Karachi, Pakistan-based financial institution for procedural violations of customer due diligence and know your customer requirements.
|Compliant : 9||High : 0|
|Largely Compliant : 29||Substantial : 0|
|Partially Compliant : 2||Moderate : 1|
|Non-Compliant : 0||Low : 10|
A "graylisted" country as of Oct. 19, 2018. Pakistan's technical compliance was re-rated in a follow-up report published on Aug. 2, 2022.
|Rank : 83/110|
|Score : 6.0/10|
|Rank : 124/179|
|Score : 31/100|
|Rank : 100/133|
|Score : 55/100|