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PVARA NOC Application Pack · Form A1

Your PVARA NOC application, assembled by practitioners.

KYCifi combines specialist AML, KYC and virtual asset compliance expertise with intelligent technology, so your Form A1 documentation is coherent, consistent and submission-ready, built to the standard PVARA reviewers expect.

Access NOC Pack → See the workflow
Form A1AML / CFT / CPFBoard-approvedSubmission-ready
noc / application-packAssembled
Licence categoryVASP
Form A1 documents13 of 13
GovernanceMLRO · board mapped
Risk assessment · needs alignmentReview
Pack reviewed for consistency, ready to submit. Submission-ready
NOC support for ExchangesBrokersCustodiansTokenisationStablecoins
The challenge

What makes a NOC application succeed or stall.

An application is not a folder of templates. PVARA reads for substance, consistency and evidence that the framework will actually operate.

Documentation completeness

Every document Form A1 requires, present, current and correctly scoped.

Governance & key individuals

Board oversight and fit-and-proper evidence for the people who will run compliance.

AML/CFT framework evidence

A risk-based AML/CFT/CPF framework that is demonstrably proportionate.

Risk assessment requirements

An enterprise-wide ML/TF risk assessment that aligns with the national picture.

Policies & procedures

Board-approved policies and operating procedures that match how you will work.

Operational readiness evidence

Evidence the framework runs day to day, not just that it exists on paper.

Coherent, consistent submission

Documents that agree with one another and tell one clear story.

First-time approval

Anticipating reviewer questions to reduce requisitions and avoid delay.

The workflow

From scope to a submission-ready application pack.

A structured programme that assembles a complete, consistent Form A1 pack, ready for PVARA submission.

01

Scope & Eligibility

Confirm licence category, business model and the documents your application requires.

Form A1 scope
02

Corporate & Governance

Ownership, board and MLRO mapped, with fit-and-proper evidence captured.

Governance
03

AML/CFT Framework

A risk-based AML/CFT/CPF framework built around your products and customers.

AML / CFT / CPF
04

Policies & Procedures

Board-approved policies and procedures that match how you will operate.

Policies
05

Fit & Proper Evidence

Evidence for key individuals, assembled to the standard PVARA expects.

Key individuals
06

Application Assembly

All Form A1 documents assembled, indexed and cross-checked for consistency.

Assembly
07

Submission Review

A final practitioner review and sign-off, so you submit with confidence.

Sign-off
The practitioner advantage

A document pack is not an approval.

KYCifi is, first, a specialist AML and KYC practice with deep virtual asset and regulatory experience. PVARA reviewers read for substance and consistency, so our specialists assemble a coherent, defensible application, not a folder of templates.

A template pack gives you

Documents

  • Generic text, lightly tailored
  • Documents that contradict each other
  • Gaps a reviewer will find
  • Requisitions and delay
KYCifi gives you

A defensible submission

  • AML, KYC & virtual asset specialists
  • Documents that tell one consistent story
  • Evidence the framework will operate
  • A pack built to reduce requisitions
KPMGDeloitteBank of New York MellonPVARAFATF
The technology

LÆdar supports our specialists.

Our practitioners lead every engagement. LÆdar, our intelligence platform, does the legwork behind them, so judgement stays with the people, and the application is assembled as they work.

Company IntelligenceOwnership mappingScreeningDocument assemblyAudit-ready records
Deliverables

What you receive.

A complete, consistent Form A1 application pack, ready for PVARA submission.

NOC Application Pack

The complete Form A1 document set, assembled and submission-ready.

Corporate & Governance File

Ownership, board and MLRO documentation mapped to PVARA expectations.

AML/CFT Framework

A risk-based AML/CFT/CPF framework proportionate to your business.

Policies & Procedures

Board-approved policies and operating procedures mapped to your obligations.

Risk Assessment

A documented enterprise-wide ML/TF risk assessment aligned to the national picture.

Fit & Proper Evidence Pack

Evidence for key individuals, assembled to PVARA’s standard.

Submission Index & Cover

A clear index and cover so reviewers can navigate the pack with ease.

Audit-Ready Documentation

A complete evidence file and audit trail, ready for supervisory review.

Who this is for

Built for virtual asset businesses.

From exchanges to tokenisation platforms, KYCifi assembles the application PVARA approval depends on.

ExchangesBrokersCustodiansTokenisation PlatformsStablecoin ProjectsVASPs

Submit your PVARA NOC application with confidence.

See how KYCifi combines specialist compliance expertise and intelligent technology to support virtual asset businesses.

Book Consultation → Access NOC Pack

Questions? Contact contact@kycifi.com

PVARA NOC Application Pack

Complete AML/CFT/CPF compliance documentation ready for PVARA submission

This guided wizard collects your business details and generates all 13 Board-approved AML/CFT/CPF documents required under Form A1 of the PVARA NOC Regulations 2025. Powered by LÆdar.

13 required documents Approx. 20 to 30 minutes PVARA Form A1 compliant
1
Business Profile
2
Governance
3
Risk Profile
4
Doc Settings
5
Generate Pack
Step 1 of 5 / Business Profile
Tell us about your business
This information forms the foundation of all 13 compliance documents. Fields marked with an asterisk are required to proceed.
Company Details
Company legal name is required
SECP registration number is required
LÆdar Website Intelligence
Primary Contact
PVARA Licence Category *
Select the category under which you are applying for a PVARA NOC
Please select a PVARA licence category
Products and Services
Select all that apply
Required
Leveraged Trading Controls — Required
Margin and leveraged trading products carry elevated financial crime risk due to rapid value movements and potential for layering. You must confirm the following controls before proceeding.
1. Will enhanced transaction monitoring apply to leveraged positions?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
2. Will customer risk assessments specifically address leveraged trading risk?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
3. Will leverage limits and risk controls be documented in the AML/CFT/CPF Policy?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
Complete all questions in this module before proceeding to Step 2.
Virtual Assets Handled
Select all virtual assets your platform will support
Required
Privacy Coin Enhanced Controls — Required
Privacy coins carry elevated ML/TF risk under FATF guidance. PVARA requires specific policy provisions covering privacy coin business. The following must be confirmed before proceeding.
1. Has senior management approved the decision to accept privacy coin business?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
2. Will the AML/CFT/CPF Policy include a dedicated privacy coin section covering enhanced controls?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
3. Will the Transaction Monitoring Policy include privacy coin-specific red flags and thresholds?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
4. Will enhanced CDD apply to all customers transacting in privacy coins?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
5. Has the VASP documented its business rationale for accepting privacy coin business?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
Complete all questions in this module before proceeding to Step 2.
Geographic Markets
Select all jurisdictions in which your VASP will operate or serve customers. Risk classifications are sourced live from the FATF database.
FATF country risk classifications. Source: FATF / OpenSanctions. Last updated: loading.... Verify at fatf-gafi.org before relying on this classification.
Required
High-Risk Jurisdiction Controls — Required
UAE is a FATF-monitored jurisdiction. Enhanced due diligence is required for all UAE-connected transactions and customers.
1. Will EDD apply to all customers from or transacting with UAE?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
2. Will the Customer Risk Assessment Framework include UAE as a high-risk jurisdiction?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
You have selected jurisdictions subject to FATF enhanced monitoring. Serving customers from these jurisdictions requires specific AML/CFT/CPF controls.
1. Will enhanced due diligence apply to all customers from high-risk jurisdictions?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
2. Will senior management approval be required for relationships with customers from FATF-listed jurisdictions?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
3. Will transaction monitoring thresholds be lower for transactions involving high-risk jurisdictions?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
Complete all questions in this module before proceeding to Step 2.
Required
Cross-Border Remittance Controls — Required
Cross-border remittance is subject to Travel Rule obligations under FATF Recommendation 16 and PVARA NOC Regulations 2025. The following must be confirmed before proceeding.
1. Will Travel Rule compliance procedures be in place before launch?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
2. Will originator and beneficiary information be collected for all qualifying transfers?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
3. Will a technical Travel Rule solution (TRISA or equivalent) be implemented?
This item is required under PVARA NOC Regulations 2025. You must address this before NOC submission.
Complete all questions in this module before proceeding to Step 2.
Estimated Transaction Volume
Provide estimates for your first year of operations. Used to calibrate your Transaction Monitoring Policy thresholds.
PKR
USD
Financial Resources
Required under Form A1 Section 8 of the PVARA NOC Regulations 2025.
PKR
Audited Financial Statements Available?
Step 2 of 5 / Governance and Management
Board and senior management
PVARA requires fit and proper persons in all key roles. This information is used in your MLRO Terms of Reference and Board AML Oversight Framework.
Board and Senior Management
Add all directors and senior managers who will appear in your NOC application. Up to 5 persons.
1 Director / Senior Manager 1
Name is required
Is this person the proposed MLRO?
2 Director / Senior Manager 2
Is this person the proposed MLRO?
3 Director / Senior Manager 3
Is this person the proposed MLRO?
4 Director / Senior Manager 4
Is this person the proposed MLRO?
5 Director / Senior Manager 5
Is this person the proposed MLRO?
Key Individuals
Required under PVARA NOC Regulations 2025, Regulation 5.1. These roles must be filled by fit and proper persons separate from the directors list.
Head of Internal Audit
Head of Risk Management
Controllers and Beneficial Owners
Required under Regulation 7 and Form A2. Any person holding 20% or more of voting power or share capital is a Controller and must be disclosed. Form A2 will be generated for each Controller.
1 Controller 1
Nature of Entity
Nature of Control
2 Controller 2
Nature of Entity
Nature of Control
3 Controller 3
Nature of Entity
Nature of Control
4 Controller 4
Nature of Entity
Nature of Control
5 Controller 5
Nature of Entity
Nature of Control
MLRO Details
If you selected a director as the proposed MLRO above, their name and CNIC will be pre-filled here. Complete or update as needed.
MLRO full name is required
Is the MLRO function outsourced? *
Please select an outsourcing option

KYCifi outsourced MLRO. KYCifi will serve as your outsourced MLRO under Section 14 of the NOC Regulations 2025. The outsourcing arrangement will be documented in a formal agreement and disclosed in Form A8.

Outsourced MLRO noted. Outsourced MLRO arrangements must comply with Section 14 of NOC Regulations 2025. The outsourcing agreement must preserve PVARA's right of access and audit.

Compliance Committee
Does the VASP have a compliance committee?
Reporting Lines
Does the MLRO have direct access to the Board?

Board access required. Direct Board access for the MLRO is a PVARA requirement. This must be established before NOC submission.

Step 3 of 5 / Risk Profile and Operations
Your risk profile
Your risk profile determines the depth and scope of each compliance document. Answer as accurately as possible.
Customer Risk Profile
Primary customer base *
Select at least one customer type

Institutional VASP clients noted. Institutional VASP clients require a dedicated Correspondent VASP Due Diligence Policy. This will be generated as part of your pack.

NPO clients noted. NPO clients require enhanced due diligence provisions under FATF Recommendation 8. Specific controls will be incorporated into your KYC/CDD Procedures Manual.

Transaction Risk Profile
Cash transactions accepted?

Cash transactions carry very high ML risk. Cash transactions in virtual asset businesses carry very high ML risk. Specific cash acceptance controls must be included in your AML policy.

Cross-border transactions expected?
Primary corridors
Travel Rule compliance solution in place?
Technology and Systems

Blockchain analytics required. Blockchain analytics is required for VASP transaction monitoring. This must be in place before NOC approval.

Automated transaction monitoring expected. Automated transaction monitoring is expected by PVARA. Manual processes may be acceptable at early stage but must be documented with compensating controls.

goAML FMU registration status *
Please select a goAML registration status

goAML registration is mandatory. goAML FMU registration is mandatory before NOC approval. Apply at: https://goaml.fmu.gov.pk

NACTA screening process in place?
Outsourcing Register (Form A5)
All outsourced AML-relevant functions must be declared in Form A5 under Regulation 14. Complete one entry for each third-party provider of compliance-relevant systems or services.
1 Outsourced Provider 1
Audit Rights Confirmed?
2 Outsourced Provider 2
Audit Rights Confirmed?
3 Outsourced Provider 3
Audit Rights Confirmed?
Banking
SBP BPRD Circular No.10 2026 awareness

SBP BPRD Circular No.10 of 2026. SBP BPRD Circular No.10 of 2026 (April 14 2026) sets out conditions under which banks may provide services to PVARA-registered VASPs. Compliance with this circular is essential for banking access.

Step 4 of 5 / Document Customisation
Customise your document pack
These settings are embedded directly into the generated compliance documents. Review carefully before proceeding.
Risk Appetite
Select a risk appetite level
Accepted customer risk categories *
Select at least one accepted risk category

Sanctioned persons cannot be onboarded. Accepting sanctioned or listed individuals as customers is prohibited under Pakistan's AML/CFT regime. Remove this selection or ensure it reflects a "zero-tolerance" screening policy only.

Reporting Thresholds
Minimum transaction value that triggers an STR review. Leave blank to apply to all transactions.
Transactions at or above this value are reported to FMU as CTRs. Statutory minimum is PKR 2,500,000.
Record-Keeping
Record retention period *
Select a record retention period
Training Programme
Select a training frequency
Training delivery methods

KYCifi Compliance Training selected. KYCifi's structured AML/CFT training programme will be referenced in your Training Policy and noted in the PVARA NOC application as a named training provider.

Document Branding
Document Language
Required under PVARA NOC Regulations 2025, Regulation 8A.1(a).

These fields appear in the header and footer of every generated document. They cannot be changed after generation without re-running the wizard.

Enter a version number
Select an effective date
Enter approving authority
Defaults to 12 months from effective date.
Step 5 of 5 / Generate Document Pack
Generate your compliance documentation pack
LÆdar will generate all 13 Board-approved AML/CFT/CPF documents tailored to your VASP's profile. Generation takes approximately 3 to 5 minutes. Do not close this page.
Powered by LÆdar — 13 documents — requires active session
Pack Complete
All 13 documents generated successfully. Review each document using the Preview button, then download your complete pack.
You may edit this document before downloading. Changes are stored in your browser session.
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