Pakistan’s Loan App Boom: Financial Lifeline or Digital Debt Trap?

By Abdul Wasay ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 8 min read

In a country where over 35% of the population remains without a bank account, smartphones have opened an unexpected gateway: instant loan apps. Fueling the…

SECP, SBP Salary Powers Curtailed After Rs41m Pay Row

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Senate Standing Committee on Finance has moved to remove the legal authority of the State Bank of Pakistan (SBP) board and the Securities and…

SECP Clarifies Senate Panel’s Objections on AGP’s Irregularities Claim

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Auditor General of Pakistan (AGP)’s recent report highlighting Rs 267 million in irregular pay and allowances at the Securities and Exchange Commission of Pakistan…

SECP Issues NBFC Permits to Expand Digital Lending and FDI

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) issued an Investment Finance Services licence to Foremost Financial Services Pvt Ltd to operate as a Non-Banking…

SECP Audit Findings Reveal Unauthorised Salary Hikes and Withheld Funds

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

An audit by the Auditor General of Pakistan (AGP) has found major financial lapses at the Securities and Exchange Commission of Pakistan (SECP). According to…

SECP Launches Infrastructure Mutual Funds Framework

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has introduced a dedicated Infrastructure Mutual Funds framework under open-end collective investment schemes. The move aims to…

NAB Distributes Rs3.7 Billion in First Phase of B4U Fraud Recovery

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The National Accountability Bureau (NAB) has initiated the first phase of the B4U fraud recovery, distributing cheques worth Rs3.7 billion among 17,500 victims during a…

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SECP Opens Doors for Startups with Angel Fund Initiative

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has introduced the Angel Fund, a new category of Venture Capital Fund designed to invest primarily in…

SECP Links Regulators to eZfile for Faster Services

By Salman Akhtar ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD – The Securities and Exchange Commission of Pakistan joined with the Board of Investment to sign agreements that connect NEPRA, PRA, DRAP, SNGPL, PEMRA,…

Takaful Sector Grows Rapidly in SECP 2024 Insurance Report

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The takaful sector in Pakistan’s insurance industry demonstrated remarkable growth in 2024, according to the SECP Insurance Industry Statistics report. Family takaful contributions rose 37%…

SECP Moves to Make Capital Market More Accessible for Retail Investors

By Salman Akhtar ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has approved the Capital Market Development Fund (CMDF) and its terms of reference to meet the urgent…

SECP Updates Public Offering Regulations

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has announced final amendments to the Public Offering Regulations, aimed at streamlining IPO processes, boosting transparency, and…

Companies Act 2017 Reforms Target Outdated Corporate Regulations

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

A high-level subcommittee has proposed significant Companies Act 2017 reforms to align Pakistan’s corporate laws with international standards. Haroon Akhtar Khan, Special Assistant to the…

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