About Us / Departments / Legal Services Department  

The Legal Services Department extends support and expert advice with regard to various functions of SBP and its subsidiaries. LSD mainly advises on the foreseeable legal risks that may arise from any new business decision that is undertaken by the management in order to protect the Bank from current and future legal risks. These matter pertain to key business decisions, any national or international arrangements and the general ongoing operations that have direct impact on the operations of the Bank and its subsidiaries. In carrying out its responsibilities the department ensures appearance before various Courts and other forums in order to protect the Bank’s interest. It assists the adjudicating officers in the Foreign exchange adjudication process as defined under FERA, 1947

Strategically, the department proposes as well as assists stakeholder departments in developing new laws as well as in bringing amendments in the existing laws in order to make them compatible with the emerging economic environment. This includes and is not limited to the proposed amendments in the SBP Act, 1956, Banking Companies Ordinance 1962 (BCO 1962), Foreign Exchange Regulations Act, 1947 (FERA, 1947) and other applicable laws. In addition assistance is provided in the promulgation of new laws keeping in view the emerging economic trends. The department also partners with stakeholder departments in formulating rules, regulations, guidelines and policies in order to carry out the Bank’s business in accordance with applicable laws.

The department has the following major functions;

Banking Legal Provides legal assistance in all banking related matters
Corporate Legal Provides legal assistance in all corporate related matters
Litigation Provides assistance in court related matters which include and is not limited to coordinating with external legal counsels and advocates.
Project, Compliance and Support Services Provides administrative support in terms of office matters, ensure compliance to court orders and board related matters and is also managing a legal library.


About SBP
Economic Data
Press Releases
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
SBP Welfare Trust
Contact us
What's New?
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Rupey ko Pehchano
Zahid Husain Memorial Lecture
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.