Tag: Secp

SECP moves against noncompliant market participants

The Securities and Exchange Commission of Pakistan (SECP) issued 10 orders, 34 show cause notices and 12 warning letters to various companies and individuals...

SECP questions Telenor over support to specific political party

The Securities and Exchange Commission of Pakistan (SECP) has sought comments from leading mobile phone company, Telenor on a complaint filed by the chairman...

SECP to safeguard small insurance, audit firms

The new administration of Securities and Exchange Commission of Pakistan (SECP) has decided to safeguard interests of small insurance and audit firms which were...

Front, apex regulators in the dock over ‘irrelevant’ orders

The front and apex regulators at the Karachi Stock Exchange (KSE) and the Securities and Exchange Commission of Pakistan (SECP) have been dragged in...

SECP invites public opinion on ‘Draft Companies Regulations 2013’

The Securities and Exchange Commission of Pakistan (SECP) on Thursday invited public opinion on Draft Companies (Distribution of Specie Dividend) Regulations, 2013. Companies (Distribution of...

Mahmood appointed acting SECP chief

The federal government appointed Tahir Mahmood as acting chairman of Securities and Exchange Commission of Pakistan (SECP), said a statement issued by the apex...

SECP takes punitive measures against companies’ executives

Securities and Exchange Commission of Pakistan (SECP) on Friday initiated 122 show-cause proceedings against higher-ups of various companies for failing to comply with applicable...

SECP to promote CSR awareness in partnership with stakeholders

The Securities and Exchange Commission of Pakistan (SECP) organised a meeting with key stakeholders to take forth the corporate social responsibility (CSR) agenda at...

SECP approves draft pharmaceutical industry order

The Securities and Exchange Commission of Pakistan (SECP) has approved the draft Pharmaceutical Industry (Cost Accounting Records) Order, 2013 to facilitate maintenance of records...

SECP proposes amendments to SMCR

The Securities and Exchange Commission of Pakistan (SECP) in order to facilitate entrepreneurs has proposed important amendments to the Single Member Companies Rules, 2003....

Bureaucrats and brokers face off over SECP chief’s appointment

A cold war is on between the bureaucracy and brokers over the appointment of the chairman of the Securities and Exchange Commission of Pakistan...

SECP sets principles of corporate governance for non-listed firms

The Securities and Exchange Commission of Pakistan (SECP) issued draft principles of corporate governance for non-listed companies for stakeholders’ comments. The set of thirteen...

SECP introduces online financial reporting system

In continuation of its efforts to strengthen the surveillance of equity markets, the Securities and Exchange Commission of Pakistan (SECP) has introduced online Financial...

SECP starts criminal proceedings against Ahmed Nadeem Securities

The Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint against Muhammad Ahmed Nadeem, chief executive and shareholder of Muhammad Ahmed...

Market manipulation: SECP drags 23 big brokerage entities to court

The Securities and Exchange Commission of Pakistan (SECP) finally filed a “criminal complaint” in a sessions’ court against a group of 23 entities including...

Market manipulation: SECP drags 23 big brokerage entities to court

The Securities and Exchange Commission of Pakistan (SECP) finally filed a “criminal complaint” in a sessions’ court against a group of 23 entities including...

Corporatisation upbeat rate continues: SECP

The Securities and Exchange Commission of Pakistan (SECP) registered 383 new limited liability companies in March, bringing the total corporate portfolio to 61,887 companies. According...