Tag: Secp

SECP revamping legal framework for SMEs

The Securities and Exchange Commission of Pakistan (SECP) is considering taking initiative for revamping the legal framework and making regulations easier for small and...

Capital gains tax did not yield desired result: Chairman SECP

Chairman SECP, Muhammad Ali has suggested the possibility of setting up a separate exchange for small and medium enterprises or setting up a separate...

SECP, KSE, NCCPL move to build investor confidence

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Karachi Stock Exchange (KSE) and National Clearing Company of Pakistan (NCCPL), organized...

SECP issues 12 orders, 34 show-cause notices

The Securities and Exchange Commission of Pakistan (SECP) on Monday passed 12 orders and initiated 34 show-cause proceedings against directors and auditors of listed/unlisted...

SECP signs MoU with Turkish counterpart

The Securities and Exchange Commission of Pakistan (SECP) and Capital Market Board (CMB) of Turkey on Thursday have signed an MOU in Istanbul. The...

SECP moves to curb insider trading

In a major development, the Securities and Exchange Commission of Pakistan (SECP) on Wednesday announced imposing penalty of Rs5 million on a former employee...

SECP reviews amendments to code of corporate governance

The Securities and Exchange Commission of Pakistan (SECP) has held the second roundtable meeting with external stakeholders to finalise amendments to the code of...

Iranian team compares notes at SECP

A high-level Iranian delegation from the Securities and Exchange Organisation (SEO) has attended the first 3 day meeting of the liaison committee at the...

SECP to facilitate mutual funds growth

The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Non Banking Financial Company (NBFC) and Notified Entities Regulations, 2008. The...

SECP’s clarification on CCP’s policy note

The Securities and Exchange Commission of Pakistan has expressed its surprise on receipt of policy note from the Competition Commission of Pakistan (CCP) with...

CCP issues policy note to SECP

The Competition Commission of Pakistan (CCP) has issued a policy note to the Securities and Exchange Commission of Pakistan (SECP) to ensure that its...

SECP issues industry-specific cost orders

The Securities and Exchange Commission of Pakistan (SECP) has withdrawn the Companies Cost Accounting Records, General Order 2008 and issued sector-specific special orders for...

SECP takes brokerage houses to court for fraud

The Securities and Exchange Commission of Pakistan (SECP) has filed criminal complaints in a court against M.K.A. Securities (Private) Limited and Prudential Securities Limited...

SECP takes brokerage houses to court for fraud

The Securities and Exchange Commission of Pakistan has filed criminal complaints in a court against M.K.A. Securities (Private) Limited and Prudential Securities Limited, former...

SECP registered 284 companies in July

The Securities and Exchange Commission of Pakistan (SECP) registered 284 companies in July last month. Private companies have the highest share in new incorporations,...

SECP to start on-site inspection of brokerage houses

The Securities and Exchange Commission of Pakistan (SECP) has developed an inspection policy to ensure regulatory compliance by participants of the securities market. An...

SECP relaxes conditions for grant of licenses to non-profit associations

The Securities and Exchange Commission of Pakistan (SECP) has relaxed conditions for the grant of license to non-profit associations regarding multiple objectives, start-up donation,...