Regulatory Alerts2026-07-03
Added · Updated
SECP-AML-CFT-CPF Regulations-2020 as amended up to July 3, 2026
The Securities and Exchange Commission of Pakistan mandates regulated persons, including securities brokers, insurers, and NBFCs, to implement risk-based anti-money laundering, counter-terrorist financing, and countering proliferation financing frameworks. The regulations require comprehensive customer due diligence, beneficial ownership identification, and enhanced due diligence for high-risk clients such as politically exposed persons. Recent amendments update definitions, reduce the dormant account threshold to three years, and enforce immediate account blocking for cancelled CNICs while removing attestation requirements for identity documents.