(SECP) - Part 2

Tag: (SECP)

Securities and Exchange Commission of Pakistan’s facilitation regarding preparation of financial statements

November 22, 2016 | General Business News

Islamabad, November 22, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), vide its Circular No 36 of 2016, has issued clarification regarding preparation of financial statements by the companies, subsequent to the promulgation of the new Companies Ordinance, 2016.……

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Securities and Exchange Commission of Pakistan’s institutes various reforms to facilitate incorporation of companies

November 22, 2016 | General Business News

Islamabad, November 22, 2016 (PPI-OT):Securities and Exchange Commission of Pakistan (SECP) has recently instituted various reforms to ensure that the requirements of the Companies Ordinance, 2016 (Company Law) are understood by all the stakeholders and the facilitation for incorporation of …

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Securities and Exchange Commission of Pakistan determined to protect interests of modaraba certificate-holders

November 14, 2016 | General Business News

Islamabad, November 14, 2016 (PPI-OT):In its resolve to protect the interests of the modaraba certificate-holders, the SECP closely monitors the financial performance and affairs of modarabas. In this respect, necessary enforcement actions are taken to enhance the level of regulatory …

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Securities and Exchange Commission of Pakistan chairman thanks government for giving timely consent to Companies ‘Ordinance 2016

November 14, 2016 | General Business News

Islamabad, November 14, 2016 (PPI-OT):After the approval of the President of Pakistan, the new companies ‘law has been promulgated as the Companies Ordinance, 2016. With its promulgation, Pakistan has achieved a historic milestone in providing a modern regulatory framework to …

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Securities and Exchange Commission of Pakistan extends filing date of Form A/29 and Annual Accounts

November 14, 2016 | General Business News

Islamabad, November 14, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has extended the dates for filing of annual returns. The last date for filing of Form 29(particulars of directors and officers including chief executive and auditors)for all companies …

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Securities and Exchange Commission of Pakistan taking action to protect investors amid surge in market activity

November 10, 2016 | General Business News

Islamabad, November 10, 2016 (PPI-OT):In order to protect investors from market abuse in the wake of a surge in stock market activity, the surveillance team of Securities and Exchange Commission of Pakistan (SECP) is actively monitoring trading activity at the …

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Securities and Exchange Commission of Pakistan approves simplified regulatory requirements for mutual fund distributors

November 8, 2016 | General Business News

Islamabad, November 08, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has approved simplified regulatory requirements for distributors of mutual funds to increase the outreach of mutual funds and improve the penetration of retail investors. Mr Zafar-ul-Haq Hijazi, the …

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Securities and Exchange Commission of Pakistan approves Debt Securities Trustee Regulations for comments

November 5, 2016 | General

Islamabad, November 05, 2016 (PPI-OT): The Securities Exchange Commission of Pakistan has approved draft comprehensive regulatory framework under the Securities Act, 2015, for the licensing and regulation of debt securities trustees (DSTs). In the proposed regulations notified for public consultation, …

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Federal Cabinet approves Companies Bill, 2016

November 3, 2016 | General Business News

Islamabad, November 03, 2016 (PPI-OT):Chairman, Securities and Exchange Commission of Pakistan (SECP), Mr. Zafar Hijazi was immensely satisfied over the approval of Companies Bill, 2016, by the Federal Cabinet. In a press briefing in Islamabad on Thursday, November 03, 2016 …

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Securities and Exchange Commission of Pakistan holds roundtable on proposed reforms in insurance regulatory framework

November 1, 2016 | General

Islamabad, November 01, 2016 (PPI-OT): After conducting the first roundtable session in Karachi, the SECP has held the second and third roundtable in Islamabad and Lahore respectively, for deliberations on the proposal of SECP aimed at strengthening the insurance regulatory …

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Securities and Exchange Commission of Pakistan proposes amendments to the Companies (Registration Offices) Regulations, 2003

October 31, 2016 | General Business News

Islamabad, October 31, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has proposed necessary amendments to the Companies (Registration Offices) Regulations, 2003. The draft notification has been published in the official gazette to obtain comments within 14 days from …

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Securities and Exchange Commission of Pakistan seminar about its recent facilitative measures

October 28, 2016 | General Business News

Islamabad, October 28, 2016 (PPI-OT):Securities and Exchange Commission of Pakistan organized a seminar in Karachi in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to create awareness about its various facilitative reform measures to improve the …

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