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Chairman SECP for continuous engagement with market participants SECP team visits PSX

Islamabad, January 05, 2023 (PPI-OT):The Chairman, Securities and Exchange Commission of Pakistan (SECP) Akif Saeed, during his visit to Karachi, met with the management and Board of Directors of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL) as well as the Executive Committee of Pakistan Stock Brokers

SECP issues Consolidated Circular for Modaraba Sector 

Islamabad, January 03, 2023 (PPI-OT):In a bid to improve efficiency and compliance in the Modaraba sector, the Securities and Exchange Commission of Pakistan (SECP) has consolidated all statutory and regulatory requirements in one Circular. The step is taken as part of SECP’s efforts for creating an enabling environment for the

The Securities and Exchange Commission of Pakistan issues digital lending standards 

Islamabad, December 28, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), taking notice of rising concerns involving mis-selling, breach of data privacy, and coercive recovery practices of licensed digital lending companies, has issued directive to safeguard public interest and ensure fair treatment of borrowers in digital lending ecosystem. The

SECP constitutes new benches for expeditious disposal of appeals

Islamabad, December 22, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan, subsequent to appointment of three Commissioners by the Federal Government, completing its quorum of Commissioners, has sanctioned its approval to constitute new Benches, to hear appeals under Section 33 of the SECP Act, 1997. The Commission had been operating

Federal Government appoints Akif Saeed as new SECP Chairman 

Islamabad, December 16, 2022 (PPI-OT):The federal government here on Friday issued notification, appointing Mr. Akif Saeed as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. Mr. Saeed had earlier served as Commissioner SECP from December 2014 to December 2017. He joined SECP in 2004 and

Newly appointed Commissioners assume charges at SECP 

Islamabad, December 14, 2022 (PPI-OT):The three new Commissioners, appointed by the federal government have assumed charges of their responsibilities at the Securities and Exchange Commission of Pakistan (SECP). The federal government on December 13 has appointed Mr Akif Saeed, Mr Abdul Rehman Warraich and Mr Mujtaba Ahmad Lodhi as commissioners

SECP issues concept paper on Risk Based Capital Regime for insurance sector 

Islamabad, December 08, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has issued a concept paper on Risk Based Capital (RBC) Regime, outlining the possibility of shifting from existing solvency-based regime towards an RBC regime for Pakistan’s insurance sector. The proposed framework is consistent with international best practice, aimed

SECP releases Annual Report for FY 2021-22

Islamabad, November 24, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has released its annual report for the fiscal year 2021-22. The Report caused under section 25 of the SECP Act 1997 comprises details of Commission activities and financial statements for fiscal year 2021-22. SECP Chairman Aamir Khan has