Tag Archives: (SECP)

Islamabad, June 15, 2020 (PPI-OT): The SECP’s permission to non-bank microfinance companies (NBMFCs) to reschedule the loan portfolio not only helped NBFCs to adjust their portfolio at risk but also resulted in extending relief to 932,862 individuals and micro-enterprises who...

Islamabad, May 11, 2020 (PPI-OT): To facilitate insurance policyholders in current challenging times, the Securities and Exchange Commission (SECP) has asked insurance companies to waive non-mandatory requirements for claims processing. SECP has also advised insurers to use alternative methods for...

Islamabad, May 06, 2020 (PPI-OT): SECP Chairman, Aamir Khan emphasized that in these challenging times the development of microfinance industry depends upon the resilience and risk management, achieved through quintessential pillars of liquidity-tapped through private capital and technology embracement. Khan...

Islamabad, April 29, 2020 (PPI-OT): In light of the outbreak of COVID-19 (Coronavirus), the Securities and Exchange Commission of Pakistan (SECP) has advised non-life insurance companies to grant one month free of cost extension in insurance coverage to all motor...

Islamabad, April 23, 2020 (PPI-OT): The Securities and Exchange Commission of Pakistan’s (SECP) is actively engaging the market stakeholders to mainly assess the situation arising out of the COVID-19 pandemic and its impact on the capital markets. Chairman SECP held...

Islamabad, April 22, 2020 (PPI-OT): The Chairman SECP called upon the Chairperson FBR today to discuss a number of taxation policy reforms that are essential for the development of Pakistan’s capital markets, corporate sector, non-banking finance industry, REIT and insurance...

Islamabad, April 21, 2020 (PPI-OT): To facilitate borrowers of non-bank lending companies (NBFCs), the SECP has allowed deferment of repayment of principal and rescheduling of loans, based on borrowers’ requests. To further facilitate small borrowers and microenterprise, the regulators has...