The Federal Board of Revenue (FBR) has decided to publicly disclose statistics on banks' access to the asset declarations of senior government officials, fulfilling a key transparency commitment under Pakistan’s International Monetary Fund (IMF) programme.
According to an official notification, the FBR will publish data on its website detailing requests submitted by banks to access the asset declarations of government officers in grades 17 to 22 through a dedicated digital portal.
The initiative forms part of Pakistan's efforts to strengthen its anti-money laundering (AML) and counter-terrorism financing (CTF) framework by enabling financial institutions to verify asset information of senior public officials where required under regulatory compliance procedures.
The measure also fulfills IMF benchmark clause 38(f), which requires the FBR to publish statistics on banks’ use of the asset declaration portal by June 2026. The published data will include the number of requests received, along with their approval and rejection status, to enhance transparency and increase awareness of the facility among financial institutions.
According to the FBR, banks submitted a total of 2,628 requests for access to asset declarations between December 2025 and May 2026. Of these, 2,205 requests were approved, while 423 applications were rejected after review.
Officials said the initiative is part of broader governance and financial sector reforms aimed at improving transparency, strengthening regulatory oversight, and enhancing Pakistan's compliance with international standards on anti-money laundering and financial integrity.
The publication of these statistics is expected to reinforce confidence in Pakistan's financial monitoring framework while supporting ongoing structural reforms agreed under the IMF programme.
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