Tag Archives: (SECP)

Karachi, August 05 2013 (PPI-OT): Pakistan is among the developing countries where health insurance penetration is one of the lowest, even if compared with its peer countries. The reasons for this dismal landscape may be due to a variety of factors such as less developed health and hospitals infrastructure, low …

Islamabad, July 26 2013 (PPI-OT):The federal government has extended the date of implementation of the 2013 Public Sector Companies (Corporate Governance) Rules, 2013 to August 8, 2013. The rules issued by the Securities and Exchange Commission of Pakistan to provide a governance framework for the public sector companies are aimed …

Lahore, July 12, 2013 (PPI-OT): In collaboration with the ICAP, the SECP on Tuesday organized an awareness seminar on mandatory online filing of returns/documents. It was done for the benefit of the corporate consultants/practitioners, corporate managers, company secretaries and members of professional accounting bodies regarding mandatory online filing of returns/documents …

Islamabad, July 09, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan has issued guidelines for stock exchange brokers to ensure that a consistent approach should be followed while complying with the regulatory requirements of Securities and Exchange Rules, 1971 (SEC Rules) in calculating and reporting Net Capital Balance (NCB). …

Karachi, June 28, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan Executive Director Nazir Ahmed Shaheen has expressed the desire to develop a regulatory regime that will support corporate NGOs in enhancing their credibility and public trust and ensure transparency, accountability and good governance. He was speaking at a …

Islamabad, June 18, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has increased the minimum premium limit for group life insurance required for the certification of appointed actuary of a life insurer. The limit has been increased from one million to two million rupees. In this regard, the …

Islamabad, June 18, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan, in exercise of its statutory functions, has initiated various actions against certain insurance/takaful companies suspected of involvement in violations of regulatory laws. Unfortunately, in reaction to SECP’s regulatory actions to protect the interests of insurers the suspected companies …