SBP issues draft regulatory framework

MG News | September 09, 2025 at 09:03 PM GMT+05:00

0:00

September 09, 2025 (MLN): State Bank of Pakistan (SBP), in its continuous efforts to strengthen consumer protection and ensure the Fair Treatment of Consumers (FTC), has released the draft regulatory framework titled “Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF)”.

The draft framework outlines proposed principles and rule based instructions aimed at promoting responsible business conduct, accountability, and fairness within the financial sector.

It is designed to ensure that customers are treated with respect, fairness, and transparency in all their interactions with financial institutions operating in Pakistan.

SBP believes that public consultation is a cornerstone of the regulatory process, ensuring that the voices of consumers are considered in finalizing the framework.

The draft framework has been uploaded on SBP’s official website for public consultation at https://www.sbp.org.pk/BS/index.asp.

The consultation period will remain open until September 30th, 2025.

The feedback is to be submitted via email at BCPD@sbp.org.pk using the feedback form available on SBP website at the following link: https://www.sbp.org.pk/BS/index.asp.

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