State Bank Issues New Banking Capital and Licensing Regulations

On 27 and 28 October, the State Bank of Pakistan published new regulatory updates, including revised minimum capital requirements for banks and development finance institutions and a handbook covering licensing and authorisation of regulated entities. These measures form part of the central bank’s regulatory framework for financial institutions and their operating requirements. Banks, financial service providers and compliance advisers can explore opportunities in regulatory reporting, secure document management and risk-monitoring systems. HPC can support financial organisations with data governance, compliance analytics and secure computing infrastructure; contact HPC for a quotation based on your compliance requirements.