(SECP) : AsiaNet-Pakistan

Tag: (SECP)

SECP announces SROs operational including PSX, NCCPL and CDC

March 24, 2020 | General, Official News

Islamabad, March 24, 2020 (PPI-OT): In view of the fact that banks and stock market are vital instruments of country’s financial system, the Securities and Exchange Commission of Pakistan (SECP) has announced that the all Capital Market entities would be …

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SECP relaxed regulatory deadlines amid COVID-19 Pandemic

March 24, 2020 | General, Official News

Islamabad, March 24, 2020 (PPI-OT): To facilitate companies and businesses in dealing with current crises due to COVID-9 pandemic, the SECP has relaxed the regulatory deadlines under Companies Act. The Commission using its powers conferred under section 510 of the …

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SECP linked short selling with uptick rule in future market

March 19, 2020 | General, Official News

 

Islamabad, March 19, 2020 (PPI-OT): In the wake of COVID-19 and its unprecedented effect on global stock markets, the Securities and Exchange Commission of Pakistan (SECP), in consultation with market stakeholders and market infrastructure institutions, has decided that for …

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SECP Introduces Cyber Security Framework for Insurance Sector

March 17, 2020 | General, Official News

Islamabad, March 17, 2020 (PPI-OT): The SECP has issued guidelines on cybersecurity framework for the Insurance Sector, providing principles to make the information technology systems of insurance companies and their partners secure and resilient. Cyber risk presents an evolving challenge …

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SECP Reviews Stock Market Situation with SROs

March 13, 2020 | General, Official News

Islamabad, March 13, 2020 (PPI-OT): The Securities and Exchange Commission of Pakistan’s (SECP) team lead by the Chairman SECP and Commissioner(SM) held a detailed meeting with the CEOs of Pakistan Stock Exchange, National Clearing Company and Central Depository Company (Self-Regulatory …

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Coronavirus contingency planning for general meetings of shareholders

March 12, 2020 | General, Official News

Islamabad, March 12, 2020 (PPI-OT): In light of the threat posed by the evolving COVID-19 situation (Corona Virus) and to protect the wellbeing of shareholders, the Securities and Exchange Commission of Pakistan (SECP) advised all companies to modify their usual …

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Pakistan’s first Centralized Repository for Life Insurance Sector launched

February 24, 2020 | General, Official News

Islamabad, February 24, 2020 (PPI-OT):To complement government’s objectives of providing ease of doing business and enhanced consumer protection, Pakistan’s first ever centralized information repository is established for life insurance sector. The repository that will function under the regulatory impetus of …

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Pakistan’s first Centralized Repository for Life Insurance Sector launched

February 24, 2020 | General, Official News

Islamabad, February 24, 2020 (PPI-OT):To complement government’s objectives of providing ease of doing business and enhanced consumer protection, Pakistan’s first ever centralized information repository is established for life insurance sector. The repository that will function under the regulatory impetus of …

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SECP organizes awareness session on Regulatory Sandbox 

February 17, 2020 | General, Official News

Islamabad, February 17, 2020 (PPI-OT):Securities and Exchange Commission of Pakistan (SECP) hold workshop to attracted corporate, start-ups, brokers and insurance firms looking to leverage existing or new technology in an innovative way to deliver new financial products or services in …

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SECP Simplifies licensing regime to promote capital formation 

February 12, 2020 | General, Official News

Islamabad, February 12, 2020 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has simplifies the licensing regime for capital market intermediaries through amending the regulations regulating Underwriter, Bankers, and Securities and Futures advisors. The new licensing regimes for will provide …

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SECP proposes amendments in laws to prevent misuse of corporate entities for money laundering 

February 11, 2020 | General, Official News

Islamabad, February 11, 2020 (PPI-OT):In an attempt to improve the standards of transparency and to prevent misuse of corporate entities for money laundering, the Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments to the laws and regulations. …

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SECP proposes amendments in laws to prevent misuse of corporate entities for money laundering 

February 11, 2020 | General, Official News

Islamabad, February 11, 2020 (PPI-OT):In an attempt to improve the standards of transparency and to prevent misuse of corporate entities for money laundering, the Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments to the laws and regulations. …

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