Please refer to BPRD Circular Letter No. 39 of 2009 and Paragraph 7 of Regulation - 4 of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regulations for Banks/DFIs, as amended from time to time.
2. In this regard, please find enclosed Ministry of Finance, Government of Pakistan’s Notification No. F.1-5/AML-I/2014 dated January 21, 2015, wherein the CTR threshold has been lowered to rupees two million and above with immediate effect.
3. Accordingly, the compliance of requirement set out in the notification should be ensured.
4. Please acknowledge receipt.
Encl: As above.