SBP rejects claims linking Raast to money laundering
The State Bank of Pakistan (SBP) has clarified that recent social media reports claiming the Financial Action Task Force (FATF) identified Raast as a money-laundering channel are misleading and misrepresent the actual findings of the FATF report.
September 05, 2026 (MLN): The State Bank of Pakistan (SBP) has clarified that recent social media reports claiming the Financial Action Task Force (FATF) identified Raast as a money-laundering channel are misleading and misrepresent the actual findings of the FATF report. The central bank said the FATF report does not identify Raast as a money-laundering mechanism, nor does it raise any concerns regarding the integr...