Tag Archives: (SECP)

Islamabad: In consultation with non-banking financial institutions (NBFIs) and the Modaraba Association of Pakistan, the SECP has allowed the modaraba management companies to charge the management fee out of the net annual profit of the modaraba. In the 1995 circular the modaraba companies were barred from charging the management fee …

Islamabad: The SECP has developed and approved draft Thermal Energy (Cost Accounting Records) Order, 2011, for the company engaged in production, processing and generation of thermal energy/power. The companies engaged in generation of thermal energy are required to maintain such cost accounting records, including all particulars relating to utilization of …

Islamabad: In order to facilitate the filing of annual statutory returns and accounts, the Company Registration Offices (CROs) of the Securities and Exchange Commission of Pakistan (SECP) is extending facilitation in collection of annual returns and accounts. The last date of filing of Forms A/B for companies other than listed …

Islamabad: In order to ensure the provision of accurate and timely information relating to performance and dynamics of capital market to various stakeholders, the SECP has developed various databases, which include a wide range of information relating to equity and corporate debt markets of the country. The databases include information …

Islamabad: The SECP is amending the Voluntary Pension System Rules to facilitate growth of the pension industry and to protect participants’ interests. It may be recalled, the VPS Rules were notified in 2005 to provide a framework for building pensions by salaried as well as self-employed people. The private pension …

Islamabad: The SECP has changed the name of its Registration Department to ‘Corporatization and Compliance Department.’ The old name gave the impression that the department was responsible only for companies’ registration, which is one of its functions. Whereas, the department is tasked with administering and enforcing the Companies Ordinance, 1984, …

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has extended the last date of filing Form 29 to Friday, November 18, to facilitate the corporate sector. The last date of filing Form 29 for most of the companies is November 14. This extension shall be applicable to both online …