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Regulatory rigour for regulated institutions.

Banks, NBFIs, insurers, and investment managers operate under some of the most demanding compliance regimes in Pakistan. UMCO supports regulated institutions with internal audit, regulatory reporting, and advisory built around SBP and SECP requirements.

Overview

Financial Services

Pakistan's financial-services sector — commercial banks, microfinance institutions, NBFIs, insurance companies, and asset managers — is subject to overlapping regulation from SBP, SECP, FBR, and the Financial Monitoring Unit. Each regulator has specific audit, reporting, and governance expectations.

UMCO's financial-services team has worked alongside institutions navigating SBP BPRD circulars, SECP NBFC regulations, AML/CFT programme assessments, and IFRS 9 provisioning transitions. We combine regulatory knowledge with structured audit methodology across internal audit, regulatory reporting, and readiness reviews.

What we do for you

Statutory & Prudential Audit

ISA-compliant audits aligned to SBP and SECP reporting formats and disclosure requirements.

IFRS 9 & ECL Advisory

Expected-credit-loss model design, validation, and provisioning impact analysis.

AML/CFT Programme Assessment

Gap analysis, policy review, and remediation planning against FATF and SBP/SECP requirements.

SBP & SECP Regulatory Reporting

Preparation and review of prudential statements, AGM financials, and regulator submissions.

Internal Audit Co-sourcing

Specialist internal audit support for compliance, treasury, and credit-risk functions.

Risk & Controls Review

Operational risk registers, control testing, and Shari'ah-compliance reviews for Islamic institutions.

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