ISLAMABAD: The Federal Board of Revenue (FBR) has decided to publish details of banks’ access to the asset declarations of senior government officials as part of its commitments under the International Monetary Fund (IMF) programme.
Under the initiative, data regarding access to the asset records of government officers from grade 17 to grade 22 will be made available on the FBR’s official website to promote transparency.
According to an FBR notification, banks are being provided access to the asset declarations of senior public officials through a dedicated digital portal for the purposes of preventing money laundering and combating the financing of terrorism.
The move is linked to IMF benchmark clause 38(f), under which the FBR is required to publish statistics regarding banks’ access to officials’ asset records by June 2026. The objective is to improve transparency and create awareness among banks about the facility. The FBR said details of requests received from banks between December 2025 and May 2026, along with their approval or rejection status, would be uploaded on its website.
During the six-month period, banks submitted a total of 2,628 requests seeking access to asset declarations of grade 17-22 government officials. Of these, 2,205 requests were approved, while 423 applications were rejected.
The initiative forms part of broader financial monitoring reforms aimed at strengthening Pakistan’s anti-money laundering framework and improving oversight of financial transactions involving public officials.
