FBR has been awarded ISO-27001 Certification by Resource Inspection Canada Incorporated in respect of Data Center, AEOI center and AEOI Zones A delegation of HMRC, including the security expert, visited FBR in July, 2017 to assist in implementation of AEOI Standard. Pakistan has signed the CRS- MCAA in June, 2017 An OECD/ HMRC team comprising of Mr. Donal Godfrey, Mr. Lloyd Garrichinho, and Mr. Jon Swerdlow visited Karachi for facilitation and education of the financial industry in May, 2017.

Libya (Article 23)

1. The competent authorities of the Contracting States shall exchange such information as is necessary for the carrying out of this Convention and of the domestic laws of the Contracting States concerning taxes covered by this Convention in so far as the taxation thereunder is in accordance with the Convention. Any information so exchanged shall be treated as secret and shall not be disclosed to any persons or authorities other than those concerned with the assessment or collection of the taxes which are the subject of the Convention. 2. In no case shall the provisions of paragraph 1 be construed so as to impose on one of the Contracting States the obligations; (a) to carry out administrative measures at variance with the laws or the administrative practice of that or of the other Contracting State; (b) to supply particulars which are not obtainable under the laws or in the normal course of the administration of that or of the other Contracting State; (c) to supply information which would disclose any trade, business, industrial, commercial or professional secret or trade process, or information, the disclosure of which would be contrary to public policy.


Director General
Dr. Muhammad Ashfaq Ahmed
Secretary (EOI)
Ms. Sajida Kausar