The State Bank of Pakistan (SBP) has launched a new online reporting system to enhance its supervision of banks’ international investments and ensure adherence to foreign exchange rules.

The SBP announced the Performance Evaluation System for Investment Abroad (PESIA), an online platform where Authorized Dealers (ADs) will submit data on equity investment abroad (EIA) transactions through the SBP’s Data Acquisition Portal (DAP).

PESIA includes ten data file structures (DFS), each capturing different EIA transaction types conducted by banks or on behalf of their customers. Each structure has specific variables and logic for unique reporting needs.

Banks must submit compliance reports, signed by their Group Head of Compliance, verifying data accuracy, completeness, and timeliness. The initial report is due by March 5, 2026.

Accountability for accuracy and transparency lies with each AD’s Head of EIA Unit and Group Head of Compliance. Any carelessness, incomplete information, or inaccurate submissions will be considered a violation.

The SBP warned of potential legal action against authorized dealers or their employees under the Foreign Exchange Regulation Act, 1947, for non-compliance.

This action demonstrates the central bank’s increasing emphasis on monitoring overseas investments by banks and strengthening oversight to prevent regulatory infractions.