SBP Rejects FATF Report Linking RAAST to Money Laundering in Pakistan
The State Bank of Pakistan (SBP) has rejected the impression that Pakistan’s instant payment system, RAAST, has been identified as a money-laundering channel by the Financial Action Task Force (FATF). The clarification comes after references to RAAST appeared in FATF’s September 2026 report on professional money laundering, underground banking and hawala networks. The SBP said…
