Tag: Secp
SECP approves new inspection regime for brokers
The Securities and Exchange Commission of Pakistan (SECP) will implement a new inspection regime in October to remove bottlenecks and duplication of efforts of regulators while conducting...
SECP notify Draft Electric Power Generation Industry Order 2015 for comments
The Securities and Exchange Commission of Pakistan (SECP) has notified the Draft Electric Power Generation Industry (Cost Accounting Records) Order, 2015 (Order) to seek...
SECP to educate investors about financial products and investment opportunities
In order to enable investors to make informed choices about financial products and investments, the Securities and Exchange Commission of Pakistan (SECP) has launched Investor Education...
Securities Act 2015 in place, bring in the loan
The act will allow SECP to impose hefty fines, ensure prosecution against insider trading and other frauds
Nisar says Pakistan will contact FBI, Interpol for assistance in Axact...
“The initial enquiry will be completed within the next seven to 10 days and after that we will decide the next step to take and whether an FIR should be registered,” Nisar said.
SECP issues show cause notice to Axact
The Securities and Exchange Commission of Pakistan (SECP) on Wednesday issued a show cause notice to Karachi-based IT company Axact (Pvt) Limited regarding their...
Stock exchanges’ integration will be commercial decision: SECP
Apparently denying that there is no plan to merge the three stock exchanges, Securities and Exchange Commission of Pakistan (SECP) has confirmed that the...
SECP approves draft Limited Liability Partnership Bill, 2015
The Securities and Exchange Commission of Pakistan (SECP) has approved the draft Limited Liability Partnership Bill, 2015 (LLP) after extensive consultation with all the...
SECP to expedite appellate bench hearings
The appellate bench of the Securities and Exchange Commission of Pakistan (SECP) has expedited the hearing of pending appeals. The commission is determined to...
SECP commissioners’ appointment challenged in SHC
KARACHI
PPI
Sindh High Court (SHC) issued notices to Finance Ministry secretary, Securities & Exchange Commission of Pakistan (SECP) chairman and other official respondents to file...
SECP directs investment banks to their full names
The Securities and Exchange Commission of Pakistan (SECP) has directed all investment banks to use their complete and legal names - “ABC Investment Bank...
SECP approves UBL’s offer for sale of shares
The Securities and Exchange Commission of Pakistan (SECP) has approved offer for sale of upto 241,921,931 ordinary shares (19.8%) of United Bank Limited (UBL)...
SECP bans NDM transactions
KARACHI
The regulators have partially banned share trading under the Negotiated Deal Market (NDM) transactions on the country’s bourses where the stock brokers are...
SECP plans to be more creative, assertive to combat corporate fraud
The Securities and Exchange Commission of Pakistan (SECP) plans to be more creative and assertive in the way it uses the enforcement tools at its...
SECP drafts voluntary code for the pharmaceutical industry
The SECP chairman has sent a draft code of marketing practices of the pharmaceutical industry to the Minister of Health Services, stating that the...
SECP issues 73 show-cause notices to various companies
With an aim to safeguard the investors’ interest in both listed and unlisted corporate sector, the Enforcement Department of the SECP in July and...
Money laundering via equity markets: A skeleton in regulators’ closet
The regulators have finalised some out-of-the-box regulatory measures to effectively deal with money laundering that, the local and international detractors claim, is still being...
