(SECP) : AsiaNet-Pakistan

Tag: (SECP)

SECP approves Growth Enterprise Market listing regulations

November 12, 2019 | General, Official News

Islamabad, November 12, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has approved the Growth Enterprise Market Listing Regulations to enable Small and Medium Enterprises (SMEs), Green field projects, Not for Profit and other companies to raise capital …

Read More

SECP launches Startup Portal to encourage tech innovation in Pakistan

November 6, 2019 | General, Official News

Islamabad, November 06, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive Startup portal to encourage technology innovation in Pakistan. SECP Commissioner for Information System and Technology Department, Shauzeb Ali inaugurated the portal during the …

Read More

SECP eases regime for credit rating companies

October 18, 2019 | General, Official News

Islamabad, October 18, 2019 (PPI-OT): Credit Rating Agencies (CRAs) play vital role in development of financial markets and conduct independent, professional and impartial assessment of the credit risk associated with a particular instrument or a corporate entity. The Securities Exchange …

Read More

SECP proposed amendments in the Public Offering Regulations, 2017

October 17, 2019 | General, Official News

Islamabad, October 17, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments in the Public offering Regulations, 2017 for seeking public comments. The objective behind the proposed amendments is to promote capital formation by facilitating issuers, …

Read More

SECP registers 96% companies online in September

October 11, 2019 | General, Official News

Islamabad, October 11, 2019 (PPI-OT): Digital solutions deployed by the Securities and Exchange Commission of Pakistan (SECP) made companies registration and post incorporation compliance simple, faster and cost effective. In September 2019, 96 % of companies registered online through SECP’s …

Read More

SECP’s risk based approach improve STR reporting of AML/CFT

October 10, 2019 | General, Official News

Islamabad, October 10, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP)’s risk based approach for effective implementation of AML/CFT regulatory framework ensued significant improvement in filing of Suspicious Transactions Reports (STR) with FMU. To align itself with FATF’s …

Read More

SECP revoke licenses of 22 not for profit companies for non-compliance

October 2, 2019 | General, Official News

Islamabad, October 02, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), during the first quarter of current fiscal year, revoked licenses of twenty two (22) not for profit companies. The licenses were revoked for non-compliant of statutory requirements i.e. …

Read More

SECP reduces regulatory tariffs to make capital market more competitive investment avenue

September 23, 2019 | General, Official News

Islamabad, September 23, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company of Pakistan Limited (NCCPL) and Central Depository …

Read More

SECP reduces regulatory tariffs to make capital market more competitive investment avenue

September 23, 2019 | General, Official News

Islamabad, September 23, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company of Pakistan Limited (NCCPL) and Central Depository …

Read More

Inaugural Forum aims to Improve Capital Markets Development in Carec

August 29, 2019 | General, Official News

Islamabad, August 29, 2019 (PPI-OT): Developing strong capital markets can help countries under the Central Asia Regional Cooperation (CAREC) improve people and businesses’ access to finance, support private sector development, as well as strengthen regional cooperation and integration, delegates at …

Read More

1,525 new companies registered in July 2019

August 23, 2019 | General, Official News

Islamabad, August 23, 2019 (PPI-OT): In July, the Securities and Exchange Commission of Pakistan (SECP) registered 1,525 new companies. As compared to the corresponding month of last financial year, it represents a growth of 41 percent raising the number of …

Read More

Exemptions from application of IFRS 9: Financial Instruments and IFRS 16: Leases

August 22, 2019 | General, Official News

Islamabad, August 22, 2019 (PPI-OT): Securities and Exchange Commission of Pakistan (“SECP”) has exempted applicability of International Financial Reporting Standards (IFRS) 9 in respect of debts due from Government of Pakistan to power supply chain companies for a limited period …

Read More