Tag Archives: (SECP)

Securities and Exchange Commission of Pakistan notifies Listed Companies (Buy-Back of Shares) Regulations, 2016

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 ...

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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 ...

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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 ...

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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 […]

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