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SECP seeks comments on draft amendments to NBFC Regulations, 2008

Islamabad, April 05, 2023 (PPI-OT):The SECP has proposed amendments in the Nonbanking Finance Companies and Notified Entities Regulations, 2008 to facilitate adoption of new technologies, improve ease of doing business and enhance investor protection. The draft amendments have been placed on SECP’s website for public consultation. The key proposed amendments

SECP registers 2,414 companies in February 2023

Islamabad, March 10, 2023 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) registered 2,414 new companies in February 2023, bringing the total number of registered companies to 187,569. The total paid-up capital (capitalization) of the companies incorporated in February was Rs 2.5 billion. Approximately 57% of businesses were registered

SECP organizes financial reporting workshop on NBMF sector

Islamabad, February 28, 2023 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), organized a financial reporting workshop on Non-Banking Microfinance (NBMF) sector, in light of new regulatory requirements outlined under Circular 15. The aim of this interactive workshop was to apprise participants on the measures taken for the promotion of

SECP holds thematic workshop on digitalization program

Islamabad, February 27, 2023 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) held a thematic workshop to demonstrate the prototype of re-designed digital regulatory processes for Limited Liability Partnership (LLP), company registration and filing, and compliance. Under its digitalization program, “Leading Efficiency through Automation Prowess (LEAP),” the SECP has identified

SECP diagnostic report on Islamic finance 

Islamabad, February 22, 2023 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has released a diagnostic report to document key issues and challenges for Islamic finance in the nonbank financial sector. The report also takes stock of the current state of development of Islamic finance in the country and contains

Chairman SECP and stakeholders discuss the PSX’s New Trading System launch

Karachi, February 17, 2023 (PPI-OT):The Chairman, Securities and Exchange Commission of Pakistan, Akif Saeed met with representatives of brokerage industry to deliberate successful re-launch of New Trading System (NTS) at Pakistan Stock Exchange (PSX). The Chairman was accompanied by Commissioner SECP, Mr. Abdul Rehman Warraich and the SECP team, including