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SECP Announcements

This category covers all news related SECP Announcements

Securities and Exchange Commission of Pakistan introduces substantial reforms in Non-Banking Financial Sector

Islamabad, October 16, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) with the approval of the Federal Government has introduced substantial amendments in Non-Banking Finance Companies (Establishment and Regulation) Rules 2003 (‘NBFC Rules 2003’). These reforms will enable NBFCs to undertake micro finance business, allow housing finance companies to undertake commercial housing finance ...

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PPI Original Text (PPI-OT) – Friendly Securities (Private) Limited’s Branch Office

Karachi, May 15, 2012 (PPI-OT): Members of the Exchange are hereby informed that M/s. Friendly Securities (Private) Limited, Corporate Member-KSE is opening their new branch office in compliance with Regulations Governing KSE Members’ Office (s)/Branch Office (s). The New Branch Office is situated at Plot # A-29/.J, S.I.T.E., Karachi. Mr. …

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PPI Original Text (PPI-OT) – Hafiz Textile Mills Limited’s Confirmation Letter Required from Karachi Stock Exchange Regarding Appointment of R.T.A.

Karachi, May 14, 2012 (PPI-OT): In compliance of induction of shares into CDC, a confirmation is required from Karachi Stock Exchange regarding appointment of RTA to submit the CDC requirements. We have to say you that we have already appointed RTA “(M/s. MG Associates (Pvt.) Limited, F-4/2, Mustafa Avenue, Block-9, …

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Securities and Exchange Commission of Pakistan issues orders and warning letters

Islamabad: In order to develop an efficient and dynamic securities market and to safeguard the investors’ interest, the Securities Market Division of the Securities and Exchange Commission of Pakistan took enforcement actions and penalized the market participants for non-compliance to the regulatory framework during the month of December 2011. An …

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The Karachi Stock Exchange (Guarantee) Limited’s Invest and Finance Securities Limited – change of nominee director

Karachi: The Exchange has accepted the request for change of Nominee Director from M/s. Invest and Finance Securities Limited. Accordingly, the Nominee Director representing the Company is Mr. Muhammad Sohail Dayala s/o Mr. Muhammad Haroon, holding CNIC No. 42101-1706922-1 in place of Mr. Khalid Iqbal Siddiqui. For more information, contact: …

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Prime Minister’s directive: Securities and Exchange Commission of Pakistan to facilitate corporate sector in Bahawalpur

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has initiated measures to facilitate the corporate sector in Bahawalpur in the light of Prime Minister’s directive. Subsequent to the Prime Minister’s visit to Bahawalpur last month, the SECP’s recommendations have been approved, by the Prime Minister, to facilitate the corporate …

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