Tag: (SECP)

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SECP becomes first Government agency to offer WhatsApp Support Service 

Islamabad, July 01, 2021 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), to promptly response public queries regarding incorporation of companies, has introduced its WhatsApp Channel for Business Care. The WhatsApp help line number is first of its kind service in Pakistan’s Public sector. The WhatsApp service can be accessed

SECP concludes action against B4U Group and its Sponsors

Islamabad, June 28, 2021 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has concluded adjudication proceedings against B4U Group and its sponsors for raising illegal deposits from the public and operating pyramid schemes, in violation of the Companies Act, 2017. The B4U Group comprises of 18 companies incorporated under

SECP specifies regulatory framework for Debt and Hybrid ETFs

Islamabad, June 25, 2021 (PPI-OT):In line with its objectives of creating a competitive and conducive playing field and to diversify the range of Exchange Traded Funds (ETFs) available to investors, the Securities and Exchange Commission of Pakistan (SECP) has specified the framework for issuance of Debt and Hybrid ETFs through

SECP issues Guidelines for Green Bonds Issuance in Pakistan

Islamabad, June 21, 2021 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for issuance of green bonds in Pakistan. The Guidelines provide an easy and efficient procedure for issuance with concise offering document/prospectus. All issuers who are eligible to issue debt securities, including sukuk either by

SECP rationalizes advertisement requirements for mutual funds

Islamabad, June 18, 2021 (PPI-OT):In order improve quality of information related to performance of mutual funds to promote better investment decisions, the Securities and Exchange Commission of Pakistan (SECP) has specified certain requirements for the advertisements of equity funds. The requirements have been issued to curb the problem of mis

SECP issues draft regulatory framework for digital-only insurers and Microinsurers

Islamabad, June 17, 2021 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), as part of its agenda to promote digitalization and encourage innovation in financial services, has introduced draft registration regime for digital-only insurers and dedicated microinsurers, for seeking public comments. The draft framework, proposed through amendments in Insurance Rules,