Tag: Secp

Jahangir Tareen had returned Rs73.1 million: SECP

Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen was found guilty for owing offshore accounts; however, he returned Rs70 million that he made through illegal means,...

Govt enacts Companies Ordinance, 2016

Ordinance includes special provisions to facilitate small and medium enterprises   The government has promulgated the Companies Ordinance, 2016, replacing the Companies Ordinance of 1984. The new...

CDA appointed 572 workers flouting board’s decision

By Farid Sabri The Capital Development Authority’s (CDA) board in its fourth meeting on Friday decided to initiate an inquiry against the appointment of 572...

SECP approves simplified regulatory requirements for mutual fund distributors

The Securities and Exchange Commission of Pakistan (SECP) has approved simplified regulatory requirements for distributors of mutual funds to increase the outreach and improve the penetration...

SECP seeks comments on Debt Securities Trustee Regulations

The Securities Exchange Commission of Pakistan has approved a comprehensive draft regulatory framework under the Securities Act, 2015, for the licensing and regulation of...

Dar expresses satisfaction over divestment process facilitated by SECP

Advises to keep national interest supreme, complete process speedily, assure transparency Federal Minister for Finance Senator Ishaq Dar has expressed his satisfaction over the divestment...

SECP disposes of 53 show cause proceedings in July

  The Securities and Exchange Commission of Pakistan (SECP) disposed of 53 show cause proceedings initiated against companies, their directors and auditors for violating various...

SECP approves new regulations for licensing operation of clearing houses

    The Securities and Exchange Commission of Pakistan (SECP), in line with its efforts to strengthen the capital market and as part of subsidiary legislation...

Committee reviews progress on different draft laws

    The Laws Review Committee chaired by Finance Minister Senator Mohammad Ishaq Dar on Monday reviewed progress on different draft laws that have been placed...

SECP in a bid to document foreign companies’ directors

  For the past one year, in order to streamline the process of security screening of the directors of foreign companies registered in Pakistan, the...

SECP introduces new regulatory regime for securities brokers

    In line with its efforts to strengthen the capital market and as part of subsidiary legislation under the Securities Act, 2015, the Securities and...

SECP holds roundtable on group health insurance

  The Securities and Exchange Commission of Pakistan (SECP) held a roundtable on group health insurance to facilitate the development of an information-sharing mechanism among...

‘Alfalah GHP is one of the best investment opportunities for small...

An interview with Alfalah GHP Investment Management Limited Chief Executive Maheen Rahman Once, I reached office and found some of my friends waiting for me....

Government to focus on achieving economic targets: Ishaq Dar

Federal Minister for Finance and Revenue Muhammad Ishaq Dar said on Wednesday that the government has prepared a future roadmap for the next three...

SECP licences Punjab Rural Support Programme as a non-bank microfinance company

    The Securities and Exchange Commission of Pakistan (SECP) has issued the first Investment Finance Services licence to Punjab Rural Support Programme for carrying out...

IHC terms Hijazi’s appointment as SECP chairman legal

The Islamabad High Court (IHC) Tuesday termed legal the appointment of Zafar Hijazi as chairman of the Securities and Exchange Commission of Pakistan (SECP). A...

SECP amends share transfer rules to minimise corporate disputes

The SECP has amended the Companies (General Provisions and Forms) Rules, 1985, particularly regarding transfers and further allotments of shares in the companies and...