Islamabad, August 08, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has notified the Listed Companies (Buy-Back of Shares) Regulations, 2016. The regulations shall be applicable to buy-back of own shares by listed companies. The regulations provide for either cancellation of the purchased shares or retaining the same as treasury shares. The earlier framework ...
Read More »Securities and Exchange Commission of Pakistan issues new regulatory regime for credit rating agencies
Islamabad, August 05, 2016 (PPI-OT):In line with its efforts to strengthen the capital market and as part of subsidiary legislation under the Securities Act, 2015, the Securities and Exchange Commission of Pakistan has accorded it approval to the Credit Rating Companies Regulations, 2016, The regulations introduce a new regulatory regime for the CRCs on the ...
Read More »Securities and Exchange Commission of Pakistan explains its regulatory role in the real estate sector
Islamabad, August 05, 2016 (PPI-OT):A section of the press has carried a statement of the Association of Builders and Developers (ABAD) about the SECP’s role proposed in the draft Companies Bill for regulating the real estate sector. The statement is completely misplaced. The SECP does not in any manner intends to regulate the business of ...
Read More »The Limited Liability Partnership Bill, 2016 introduced in National Assembly
Islamabad, August 03, 2016 (PPI-OT):The Parliamentary Secretary Rana Muhammad Afzal Khan on behalf of the Finance Minister Senator Muhammad Ishaq Dar has introduced “The Limited Liability Partnership Bill, 2016” (LLP […]
Read More »Securities and Exchange Commission of Pakistan facilitates signing of agreement between insurance/takaful companies and Central Depository Company to join centralized information sharing solution for health insurance
Islamabad, July 28, 2016 (PPI-OT):Insurance/takaful companies have signed an agreement with, the Central Depository Company (CDC) to join the centralized information sharing solution for the health insurance (CISSII) on Thursday […]
Read More »Securities and Exchange Commission of Pakistan chairman asks his officers to be extra vigilant in implementing Securities and Exchange Commission of Pakistan (Amendment) Bill, 2016
Islamabad, July 28, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan organized a briefing session for its employees to familiarize and keep them abreast with the recent changes made to […]
Read More »Senate approves Securities and Exchange Commission of Pakistan (Amendment) Bill, 2016
Islamabad, July 21, 2016 (PPI-OT):The Senate has approved the Securities and Exchange Commission of Pakistan (Amendment) Bill, 2016, already approved by the National Assembly with further Amendments earlier in May. […]
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