{"id":71532,"date":"2026-09-04T19:58:35","date_gmt":"2026-09-04T19:58:35","guid":{"rendered":"https:\/\/newsvog.com\/ur\/71532"},"modified":"2026-09-04T19:58:36","modified_gmt":"2026-09-04T19:58:36","slug":"sbp-rejects-reports-linking-raast-to-money-laundering","status":"publish","type":"post","link":"https:\/\/newsvog.com\/ur\/71532","title":{"rendered":"SBP rejects reports linking Raast to money laundering"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div style=\"font-size:16px;line-height:1.6\">\n<p><strong>The State Bank of Pakistan has rejected what it described as misleading media reports claiming that the country\u2019s Raast instant payment system was\u00a0identified as a money-laundering channel by the Financial Action Task Force (FATF).<\/strong><\/p>\n<p>The SBP said a headline circulating on social media had misrepresented the findings of a FATF report.<\/p>\n<p>According to the SBP, the report\u00a0does not identify Raast as a money-laundering mechanism\u00a0and does not raise any specific concerns about the integrity of its payment infrastructure.<\/p>\n<p>The central bank said the FATF report discusses the potential misuse of formal banking and payment channels by underground banking and hawala networks operating across different countries and jurisdictions.<\/p>\n<p>Raast, the SBP said, is mentioned in the report only as a\u00a0legitimate domestic payment channel\u00a0used for local transactions and transfers.<\/p>\n<p>The central bank also clarified that\u00a0Raast does not currently facilitate cross-border transfers.<\/p>\n<p>The SBP said it remained committed to maintaining the integrity of Pakistan\u2019s payment systems and would continue monitoring and strengthening safeguards in line with international standards.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/arynews.tv\/sbp-rejects-reports-linking-raast-to-money-laundering\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Bank of Pakistan has rejected what it described as misleading media reports claiming that the country\u2019s Raast instant payment system was\u00a0identified as a money-laundering channel by the Financial Action Task Force (FATF). The SBP said a headline circulating on social media had misrepresented the findings of a FATF report. According to the SBP, the report\u00a0does not identify Raast&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-71532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"taxonomy_info":{"category":[{"value":16,"label":"Pakistan"}]},"featured_image_src_large":["https:\/\/newsvog.com\/ur\/wp-content\/uploads\/State-Bank-of-Pakistan-1024x576.jpg",1024,576,true],"author_info":{"display_name":"frkhokhar@gmail.com","author_link":"https:\/\/newsvog.com\/ur\/author\/frkhokhargmail-com"},"comment_info":0,"category_info":[{"term_id":16,"name":"Pakistan","slug":"pakistan","term_group":0,"term_taxonomy_id":16,"taxonomy":"category","description":"All about Pakistan","parent":0,"count":4466,"filter":"raw","cat_ID":16,"category_count":4466,"category_description":"All about Pakistan","cat_name":"Pakistan","category_nicename":"pakistan","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/71532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/comments?post=71532"}],"version-history":[{"count":1,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/71532\/revisions"}],"predecessor-version":[{"id":71534,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/71532\/revisions\/71534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media\/71533"}],"wp:attachment":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media?parent=71532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/categories?post=71532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/tags?post=71532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}