Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
Pakistan’s central bank has asked the government to reconsider its request to funnel donations to Afghanistan, saying the move risks breaking international regulations.
The Express Tribune, a Karachi newspaper, reported on January 15 that the State Bank of Pakistan had “refused to open” accounts for the relief effort. The newspaper said the central bank had asked the federal government to consider whether the fund violated Financial Action Task Force (FATF) rules.
The SBP posted a response
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