Regulatory Alerts2021-06-02
Amendment to SRO 952(I)/2020 Relating to Oversight Body for Self-Regulatory Bodies
This amendment officially designates the Pakistan Bar Council, Provincial Bar Councils, and Islamabad Bar Council as the oversight bodies for advocates, law firms, and independent legal professionals. This regulatory change acts under the authority of the Anti-Money Laundering Act, 2010 to strengthen compliance oversight for legal practitioners. The notification modifies the original SRO 952(I)/2020 by substituting the specific entities responsible for the legal sector.
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