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Securities and Exchange Commission of Pakistan approves principles of corporate governance for non-listed companies

Islamabad, August 22, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has approved Principles of Corporate Governance for Non-listed Companies (NLCs) to make business environment trustworthy, Transparent and accountable. The principles will change the governance paradigm for NLCs by enabling the corporate sector to adopt the best international practices. They are voluntary guidelines that ...

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Securities and Exchange Commission of Pakistan places mutual funds returns on its website

Islamabad, August 19, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has uploaded returns of mutual funds as of June 30, 2016, on its official website. The SECP took this initiative to facilitate and encourage investors in making informed investment decisions. The summary report contains information about all the categories of mutual funds. The ...

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Securities and Exchange Commission of Pakistan registers 386 companies in July

Islamabad, August 16, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) during the month of July 2016 registered 386 new companies. Around 85 percent of them have been registered as private limited companies, while around 12 percent were registered as single member companies. Three percent were registered as public unlisted, non-profit associations and foreign ...

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Securities and Exchange Commission of Pakistan launches its new dynamic, bilingual website

Islamabad, August 12, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) launched its new fully-featured bilingual (English and Urdu) website www.secp.gov.pk. The redesigned website offers quick and robust information to public, investors, stakeholders and the media to better understand SECP and its regulatory regime. “We believe that this new site will allow our visitors ...

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Securities and Exchange Commission of Pakistan approves amendments to regulations for licensing and operation of central depository

Islamabad, August 12, 2016 (PPI-OT):In order to promote good corporate governance and enhance public confidence, the Securities and Exchange Commission of Pakistan (SECP) in consultation with the CDC and other participants, has proposed amendments to the Central Depositories (Licensing and Operations) Regulations, 2016. A central depository is one of the most important capital market infrastructure ...

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