FBR restricts 150 jewelers' accounts over non-compliance
The Federal Board of Revenue's (FBR) Directorate of Designated Non-Financial Businesses and Professions (DNFBPs), Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT), has directed banks to freeze operations of 150 bank accounts belo
July 14, 2026 (MLN): The Federal Board of Revenue's (FBR) Directorate of Designated Non-Financial Businesses and Professions (DNFBPs), Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT), has directed banks to freeze operations of 150 bank accounts belonging to jewellers reporting entities over persistent non-compliance with anti-money laundering regulations. In a letter, addressed to chief complia...