Please refer to the  Regulation-4 of Anti-Money Laundering, Combating the Financing of Terrorism  & Countering Proliferation Financing (AML/CFT/CPF) Regulations issued vide  BPRD Circular No. 05 of 2020.
                                      2.         In order to further enhance the understanding and ensure  effectiveness on implementation of Targeted Financial Sanctions (TFS) regime  and obligations under UNSC Resolutions, SBP has decided to issue guidelines on  the subject matter. 
                                        
                                        3.         The guidelines on the TFS obligations  are enclosed herewith for compliance.
                                        
                                      4.         Please acknowledge receipt.
                                       
                                      Enclosure: Guidelines on TFS under UNSC  Resolutions