PSW and FTSL Partner to Launch Advanced Trade Compliance Solution

PSW has taken a significant step towards enhancing trade transparency and financial integrity by collaborating with Fintech Transformation Services (FTSL) to launch an upgraded digital solution for commercial banks. This advanced Trade Compliance Navigator (TCN), branded as “TCN - Pakistan Trade Data Analytics,” is powered by PSW’s comprehensive national trade data. 

The enhanced TCN tool empowers banks to accurately verify the pricing of imported and exported goods, significantly reducing risks associated with trade-based money laundering (TBML) and terrorist financing (TF). By leveraging robust data analytics, TCN not only strengthens price assessments but also promotes transparency and accountability within Pakistan’s trade finance sector. This partnership underscores PSW’s commitment to fostering a compliant and secure trade ecosystem while aligning with global standards. 

Read More: https://www.psw.gov.pk/media/Press%20Release/Press%20Release_%20FTSL.pdf