(SECP) : AsiaNet-Pakistan

Tag: (SECP)

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 …

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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 …

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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 …

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Notification issued making Aamir Khan SECP Chairman

August 17, 2019 | General, Official News

Islamabad, August 17, 2019 (PPI-OT): The federal government here on Saturday issued a notification, appointing Mr. Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The federal cabinet, earlier in its meeting held …

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Revocation of Licenses of Not for Profit Companies

August 8, 2019 | General, Official News

Islamabad, August 08, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan in its drive against noncompliant companies, has revoked during the quarter ended on June 30, 2019, licenses of thirteen (13) not for profit companies, issued in pursuance of …

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SECP Organizes Advanced Learning Session for Startups at NIC

August 6, 2019 | General, Official News

Islamabad, August 06, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), in collaboration with National Incubation Centre (NIC), organized an advance learning session for fresh startups at the NIC, Islamabad.

The SECP’s expert mentored and guided participants on …

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SECP refutes press reports regarding crackdown against companies for recovery of gold and valuable properties

July 9, 2019 | General, Official News

Islamabad, July 09, 2019 (PPI-OT): Being the apex regulator of the corporate sector, the SECP is taking all necessary steps to ensure beneficial regulation and growth of capital market and corporate sector in Pakistan. SECP strongly refutes news items appearing …

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SECP issues draft Collateral Management Companies Regulations, 2019

July 3, 2019 | General, Official News

Islamabad, July 03, 2019 (PPI-OT): In order to promote electronic trading and warehouse receipt financing of agricultural commodities, the SECP has formulated draft Collateral Management Companies Regulations, 2019 under the Companies Act, 2017. Any public limited company with an equity …

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SECP prioritizes development of real estate investment trusts

June 27, 2019 | General, Official News

Islamabad, June 27, 2019 (PPI-OT): The SECP Chairman, Mr. Farrukh Sabzwari, met with a delegation of ISE Towers REIT Management Company Limited led by its chairman, Mr. Zahid Latif Khan. The meeting deliberated upon a number of measures for the …

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SECP Promotes Ease of Doing Business for Mutual Funds

June 26, 2019 | General, Official News

Islamabad, June 26, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has taken several steps to revamp the regulatory framework for the mutual funds industry with an aim to meet the changing industry dynamics, implementing international best practices, …

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SECP registered 1,323 companies in May

June 20, 2019 | General, Official News

Islamabad, June 20, 2019 (PPI-OT): In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,323 new companies. As compared to the corresponding month of last financial year, it represents a 21 percent growth, raising the number of registered …

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SECP to reduce outflow of foreign exchange pertaining to reinsurance business

June 18, 2019 | General, Official News

Islamabad, June 18, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), held a roundtable to discuss measures to reduce outflow of foreign exchange pertaining to reinsurance business through optimizing local risk retention. The representatives of the State Bank, …

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