Tag Archives: (SECP)

Islamabad, September 23, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has directed all asset management companies (AMCs) to provide a right to individual unit holders to obtain a refund of their first time investment (cooling-off right) in an open end collective investment scheme (CIS). The refund may be obtained within three business days ...

Islamabad, September 22, 2016 (PPI-OT):As part of its quarterly sessions, the coordination committee of the Securities and Exchange Commission of Pakistan and the State Bank of Pakistan met in Islamabad on Wednesday. The SECP Chairman, Mr. Zafar Hijazi and the SBP Governor, Ashraf Mahmood Wathra along with their teams attended the meeting. The committee was ...

Islamabad, September 16, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) during the month of August registered 613 new companies, showing an increase of 51 percent as compared to the same month of the preceding year. A growing trend in company incorporation is the direct result of numerous facilitation measures taken by the SECP. ...

Islamabad, September 09, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has issued promotors’ guides in six international languages: English, Chinese, Turkish, Arabic, German and Persian. The step will encourage and facilitate foreign investment in the country. Available on the SECP’s website, the promotors’ guides provide comprehensive information regarding incorporation of a company in ...

Islamabad, September 08, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan, under its initiative of educating investors, organized a seminar for the students and employees of A.F. Ferguson and Company at Lahore. It was a daylong event, full of insights from experienced professionals. In his message, the SECP chairman said: “My vision is to make ...

Islamabad, September 05, 2016 (PPI-OT):In a landmark decision, the federal government, on the recommendations of the Securities and Exchange Commission of Pakistan, has accorded tax neutrality to sukuk by allowing certain tax exemptions that were earlier available only to conventional securitization issues. The amendments to the tax law have been notified through an ordinance. The ...

Islamabad, August 29, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan has issued the draft of amendments to the Public Sector Companies (Corporate Governance) Rules, 2013, to obtain feedback from […]