(SECP) : AsiaNet-Pakistan

Tag: (SECP)

SECP issues AML/CFT guidelines for NPOs

September 5, 2018 | General, Official News

Islamabad, September 05, 2018 (PPI-OT): The SECP has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) Guidelines for Non-Profit Organizations (NPOs). These Guidelines have been issued on the basis of the recommendations of the Financial Action Task Force (FATF) while …

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1,101 new companies registered in August 2018

September 4, 2018 | General, Official News

Islamabad, September 04, 2018 (PPI-OT): In August, the SECP registered 1,101 new companies. As compared to the corresponding month of last financial year, it represents a growth of 17 percent despite having Eid holidays, raising the number of registered companies …

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SECP’s Shariah Advisory Board approved Murabaha share financing product

August 31, 2018 | General, Official News

Islamabad, August 31, 2018 (PPI-OT): The SECP’s Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed by the National Clearing Company of Pakistan Limited (NCCPL). The Board had earlier provided in principle approval in its 8th …

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SECP Amends PSX Regulations Governing Offices/Branch Offices of Brokers

August 17, 2018 | General, Official News

Islamabad, August 17, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) in the meeting Chaired by the Worthy Chairman SECP has accorded its approval for crucial amendments to the Pakistan Stock Exchange Limited (PSX) Regulations governing the opening …

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SECP to collaborate with APTMA in its efforts to revitalize textiles units in distress

August 13, 2018 | General, Official News

Islamabad, August 13, 2018 (PPI-OT): The SECP Chairman has said that the SECP is committed to extending all assistance to the corporate sector in providing ease of starting and doing business and help the existing companies in distress. While speaking …

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SECP Approves Multiple Regulations Regarding Capital Market and Corporate Segment

August 9, 2018 | General, Official News

Islamabad, August 09, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) in its Commission meeting has passed regulations concerning capital market, insurance and corporate governance. In this regard, the commission approved the proposed amendments to the Motor Vehicles …

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1,076 new companies registered in July 2018

August 3, 2018 | General Business News

Islamabad, August 03, 2018 (PPI-OT): The SECP registered 1,076 new companies in July. As compared to the corresponding month of last financial year, it represents a growth of 30 percent as compared to corresponding period last year, raising the number …

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1,076 new companies registered in July 2018

August 3, 2018 | General, Official News

Islamabad, August 03, 2018 (PPI-OT): The SECP registered 1,076 new companies in July. As compared to the corresponding month of last financial year, it represents a growth of 30 percent as compared to corresponding period last year, raising the number …

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SECP improves governance structure of public sector companies

July 31, 2018 | General, Official News

Islamabad, July 31, 2018 (PPI-OT): The SECP Chairman has directed the relevant department to ensure full compliance of public sector companies (PSCs) with Public Sector Companies (Corporate Governance) Rules, 2013, for better corporate governance and transparency. He appreciated the fact …

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SECP, NACTA vow to combat AML/CTF through joint mechanisms

July 24, 2018 | General Business News

Islamabad, July 24, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all necessary efforts to collaborate in combating anti-money laundering (AML)/counterterrorism financing (CTF). In this regard, a …

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SECP, NACTA vow to combat AML/CTF through joint mechanisms

July 24, 2018 | General, Official News

Islamabad, July 24, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all necessary efforts to collaborate in combating anti-money laundering (AML)/counterterrorism financing (CTF). In this regard, a …

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Appointment of legal advisors: SECP achieves 85% compliance

July 21, 2018 | General, Official News

Islamabad, July 21, 2018 (PPI-OT): The SECP’s effective initiatives and measures have resulted in an 85% compliance with the provisions of the Companies (Appointment of Legal Advisers) Act, 1974. The Act requires the companies having paid-up share capital greater than …

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