FBR to set up new customs intelligence and risk management directorate

Risk Management Unit will deal with identifying risks in imports and exports
An undated image of FBR logo and a ship importing goods. — FBR/Canva
An undated image of FBR logo and a ship importing goods. — FBR/Canva 

The Federal Board of Revenue (FBR) has announced the formation of a new Directorate General of Customs Intelligence and Risk Management to enhance control on smuggling, tax evasion, and unlawful movement of currency across Pakistan.

An official notification stated that the Directorate Headquarters would be based in Islamabad, with regional offices in Karachi, Lahore, Peshawar, Quetta, and Islamabad. 

Additionally, it would have dedicated units for risk management and a Cross-border Currency Movement Wing to further strengthen monitoring of imports and exports and currency movement.

Under the proposed regime the Director General of Customs Intelligence will be empowered to operate throughout the country and will report directly to the FBR.

Their role will include prevention of smuggling, identification of problems in trade, taking action against money laundering, and working with other authorities to enhance duty and tax compliance.

The Risk Management Unit will deal with identifying risks in imports and exports, while the Currency Movement Wing will assist in blocking unlawful transfers of money across borders.

The FBR has also transferred all persons, resources and budgets from the prior customs intelligence offices to the new directorate. A special committee has been formed to address concerns related to transition and will report to the FBR with the issues within 30 days.

In addition to enforcement, the new directorate will focus on strategic leadership, intelligence gathering, compliance strategy, and performance monitoring. The National Targeting Centre, which analyses import and export data to flag high-risk consignments, will now come under the directorate’s direct supervision.