SECP issues FAQs on AML/CFT

March 24,2019

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has published frequently asked questions (FAQs) on anti-money laundering/countering financing of terrorism (AML/CFT), providing answers to specific questions. The FAQs provide clarifications on the SECP AML/CFT Regulations, 2018, and on guidelines regarding relevant regulations, a statement said on Saturday.

The FAQs aim to facilitate the SECP’s regulated financial services industry and investors to understand their obligations under the AML/CFT regime, enabling them to ensure effective compliance and meeting evolving regulatory expectations.

Queries raised during the awareness sessions held on SECP AML/CFT Regulations, 2018, and implementation guidelines as well as discussions held with participants and investors in securities sector, NBFCs and insurance sector have been answered through these FAQs.


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