SECP
SECP Proposes Distinct Regulatory Framework for NBMFCs
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a concept note outlining proposed amendments to the Non-Banking Financial Companies (NBFCs) framework. These…
Pakistan Govt Launches Crypto Council to Oversee Cryptocurrency Legalization and Blockchain Innovation
The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate and integrate blockchain technology and digital…
IT Ministry Delays Approval of MVNO Framework Ahead of Spectrum Auction
ISLAMABAD: The Ministry of Information Technology and Telecommunication has delayed the approval of Mobile Virtual Network Operator (MVNO) framework, which was supposed to come out…
SECP Proposes Alternate Dispute Resolution Mechanism for Islamic Finance Contracts
Islamabad: Under strategic action plan 2024-26 to develop Islamic finance in the non-bank financial sector, the SECP intends to introduce an alternate dispute resolution (ADR)…
SECP Streamlines Digital Distribution of Life Insurance Savings Products
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Directive for the Sale of Life Insurance Savings Products through Technology-Based Distribution Channels,…
SECP Registers 3,046 New Companies in February 2025
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 3,046 new companies in February 2025, bringing the total number of registered businesses in the…
SECP Upholds Penalty on VIS Credit Rating Company for Regulatory Violations
ISLAMABAD: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has dismissed the appeal filed by VIS Credit Rating Company Limited (formerly…
SECP Imposes New Rules on CEO Appointments and Terminations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) now requires its approval before the appointment, renewal, or removal of the chief executive officer (CEO)…
SECP Policy Board Approves Amendments to Modaraba Ordinance 1980
ISLAMABAD: The Policy Board of the Securities and Exchange Commission of Pakistan (SECP) has approved proposed amendments to the Modaraba Companies and Modaraba (Floatation and…
Govt Raises PKR 2.25 Trillion Through Ijarah Sukuk Since December 2023
ISLAMABAD: The Securities & Exchange Commission of Pakistan has helped the DMO in conducting 18 auctions and raising a gross amount of PKR 2.25 trillion…
Senate Committee Debates Money Bill Status, Calls for Law Ministry’s Clarification
Islamabad: The Senate Standing Committee on Finance and Revenue convened under the chairmanship of Senator Saleem Mandviwalla here at the Parliament House, addressing critical financial…
SECP Introduces New Compliance Rules for Non-Banking Microfinance Companies
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a set of mandatory requirements for non-banking microfinance companies (NBMFCs) to enhance consumer protection,…
SECP Grants License to Tamkeen Securities as Pakistan’s First Fully Digital Securities Broker
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted license to Tamkeen Securities (Pvt) Ltd, Pakistan’s first fully digital, online-only securities broker, marking…
