Eliminating redundant documentation and verifications
Reform IDE539
DescriptionThe CCOF introduced smart computerized interfaces allowing digital, paperless onboarding and reduced redundant document requests by mandating use of SECP and FBR digital verification tools, eliminating the need for physical or notarized documents in most cases.
DepartmentState Bank of Pakistan - SBP
Jurisdiction / LocationEntire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusCompleted
Progress 100%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence