Islamabad, November 19, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), to safeguard the interests of public, advises people not to invest in fraudulent investment and ponzi schemes promising hefty profits and unrealistic incentives to trap innocent people...
Read More »SECP launches Startup Portal to encourage tech innovation in Pakistan
Islamabad, November 06, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive Startup portal to encourage technology innovation in Pakistan. SECP Commissioner for Information System and Technology Department, Shauzeb Ali inaugurated the portal during the...
Read More »SECP eases regime for credit rating companies
Islamabad, October 18, 2019 (PPI-OT): Credit Rating Agencies (CRAs) play vital role in development of financial markets and conduct independent, professional and impartial assessment of the credit risk associated with a particular instrument or a corporate entity. The Securities Exchange...
Read More »SECP proposed amendments in the Public Offering Regulations, 2017
Islamabad, October 17, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments in the Public offering Regulations, 2017 for seeking public comments. The objective behind the proposed amendments is to promote capital formation by facilitating issuers,...
Read More »SECP registers 96% companies online in September
Islamabad, October 11, 2019 (PPI-OT): Digital solutions deployed by the Securities and Exchange Commission of Pakistan (SECP) made companies registration and post incorporation compliance simple, faster and cost effective. In September 2019, 96 % of companies registered online through SECP’s...
Read More »SECP’s risk based approach improve STR reporting of AML/CFT
Islamabad, October 10, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP)’s risk based approach for effective implementation of AML/CFT regulatory framework ensued significant improvement in filing of Suspicious Transactions Reports (STR) with FMU. To align itself with FATF’s...
Read More »SECP revoke licenses of 22 not for profit companies for non-compliance
Islamabad, October 02, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), during the first quarter of current fiscal year, revoked licenses of twenty two (22) not for profit companies. The licenses were revoked for non-compliant of statutory requirements i.e....
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