Pakistan’s finance ministry has announced a major step toward transparency and accountability. By the end of 2026, the asset declarations of senior government officials will be available online for public access.
This decision is part of a new anti-money laundering (AML) framework introduced by the government. Under this system, officers in grades 17 to 22 will be required to declare all their assets.
This includes property, savings, investments, and other holdings inside Pakistan as well as assets held abroad. The aim is to create a clear record of officials’ financial positions and reduce the risk of illegal wealth accumulation.
As part of the new framework, banks will also play an important role. Financial institutions will carry out risk-based reviews of these officials during routine AML checks. This means banks will carefully assess financial activities based on risk levels, helping to identify unusual or suspicious transactions more effectively.
The finance ministry has emphasized that the new system will not ignore privacy concerns. Strong data-protection and privacy safeguards will be built into the process to ensure that sensitive information is handled responsibly. Only relevant and approved details will be shared publicly, while personal data will be protected under the law.
Officials believe this move will strengthen public trust in government institutions. Making asset declarations publicly available is expected to discourage corruption and promote honest governance. It also aligns Pakistan with international transparency standards and global AML practices.
