Anti-Money Laundering And Combating The Financing Of Terrorism (AML/CFT) Regulations For Banks & DFIs

The State Bank of Pakistan's Anti-Money Laundering And Combating The Financing Of Terrorism Regulations are set of regulation issued in December 2016 for Banks & DFIs and relate to the following:

The Regulation - 1 Customer Due Diligence (CDD) 
Regulation – 2 Correspondent Banking 
Regulation – 3 Wire Transfers/Fund Transfers 
Regulation – 4 Reporting of Transactions (STRs/CTRs)
Regulation – 5 Record Keeping 
Regulation – 6 Internal Controls, Policies, Compliance, Audit & Training

Annexure – I Minimum Documents to be obtained from Various Types of Customers under AML/CFT Regulations
Annexure – II Examples or Characteristics of Suspicious Transactions (Red Alerts) that May be a Cause for Increased Scrutiny for AML/CFT Purposes
 

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2016

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