Tag: Secp

SC declares SECP chairman appointment invalid

The Supreme Court of Pakistan (SC) on Friday declared the appointment of Security and Exchange Commission of Pakistan (SECP) chairman illegal and invalid. A two-judge...

SECP chief in the line of fire!

Securities & Exchange Commission of Pakistan (SECP) Chairman Muhammad Ali was a partner in a construction business with brokers he regulated till mid-2011, serving...

SECP initiates inquiry against illegal investment schemes

The Securities and Exchange Commission of Pakistan (SECP) has initiated an inquiry into the affairs of registered companies that were accused for defrauding the...

SECP makes online filing of returns mandatory for listed firms

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for all listed companies to file documents, returns, accounts and applications, meant...

SECP amends first schedule to Companies Ordinance 1984

The Securities and Exchange Commission of Pakistan (SECP), aiming to facilitate corporate sector, has amended the First Schedule to the 1984 Companies Ordinance, containing...

SECP issues 8 show-cause notices to insurance firms

The Securities and Exchange Commission of Pakistan (SECP) issued five warning letters, eight show-cause notices and one order to various insurance companies for failing...

SECP unveils roadmap for diversification of non-bank financial sector

The Securities and Exchange Commission of Pakistan (SECP) on Monday unveiled a document titled ‘Report of Non-Bank Financial Sector’ (NBFS) Reforms Committee’ for public...

Govt moves to facilitate foreign investors

In pursuance of its mandate to encourage and promote investment, the Securities and Exchange Commission of Pakistan (SECP) has been working on an initiative...

SECP approves CSR Voluntary Guidelines 2013

Securities and Exchange Commission of Pakistan (SECP) has approved the Corporate Social Responsibility Voluntary Guidelines, 2013, aimed at encouraging body corporate to align their...

Speakers at symposium stress need for a corporate tribunal

The Sindh Judicial Academy and the Securities and Exchange Commission of Pakistan (SECP) on Friday jointly organised a symposium on the ‘Role and Jurisdiction...

SECP makes annual on-site inspection mandatory for licensed entities

In order to increase the rate of regulatory compliance, the Securities and Exchange Commission of Pakistan has made annual on-site inspection mandatory for all...

SECP chairman outlines capital market development initiatives

Securities and Exchange Commission of Pakistan (SECP) Chairman Muhammad Ali yesterday outlined capital market development initiatives including investor education and awareness Infrastructure development and...

CSR activities should be transparent: SECP

The Corporate Social Responsibility (CSR) is fast becoming an integral part of businesses all over the world and in Pakistan a large number of...

SECP takes punitive action against companies’ directors, auditors

The Securities and Exchange Commission of Pakistan (SECP) drafted regulatory and punitive actions against companies, directors and auditors to safeguard the interests of investors. Addressing...

SECP takes punitive action against companies

The Securities and Exchange Commission of Pakistan (SECP) has taken various regulatory and punitive actions against companies’ directors and auditors to safeguard the interests...

SECP to issue regulation policy for microinsurance

The Security and Exchange Commission of Pakistan (SECP) lunched the country diagnostic report that covers the demand and supply-side analysis of microinsurance in Pakistan....

SECP facilitates companies on AGMs

The Securities and Exchange Commission of Pakistan (SECP) has, in view of the forthcoming Eidul Azha holidays during the last week of October, clarified...