SECP prescribes rating requirement for investment in short term instruments by CISs ISLAMABAD ( Web News ) To protect unit holders’ investments in various schemes launched by asset management companies (AMCs) and to improve transparency and efficiency, the Securities and Exchange Commission of Pakistan (SECP) has specified rating requirement forRead More →

LAHORE (WEB DESK) TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors’ approval of a draft Scheme of Arrangement under Section 279 to Section 282 and Section 285 of the Companies Act, 2017. The scheme outlines the acquisition of the assets and liabilitiesRead More →

KARACHI (WEB NEWS) Bank Alfalah, one of the largest commercial banks in Pakistan, has made a significant entry into the venture capital ecosystem as it has signed an agreement to acquire a 7.2% equity stake worth PKR 140 million in QistBazaar, a fast-growing, Securities and Exchange Commission of Pakistan (SECP)Read More →

KARACHI (WEB DESK) SECP has recently made amendments in the Companies (Postal Ballot) Regulations, 2018 whereby the right to vote through electronic voting facility must be provided to members of every listed company for all businesses classified as special business under the Companies Act 2017. These amendments have especially beenRead More →

SECP holds premier environmental, social & governance Symposium ISLAMABAD ( Web News ) The Securities and Exchange Commission of Pakistan (SECP) in collaboration of UN WOMEN held a premier ESG symposium to keep the momentum of discussion on ESG practices and facilitate sustainable investment. The symposium was a full dayRead More →

ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) held the 22nd meeting of the Competition Consultative Group sharing the CCP’s initiatives, performance and strategic vision. A presentation was also given on the CCP’s draft Report on SME Sector exploring the ways and means of improving competitiveness andRead More →

ایس ای سی پی کی سندھ ہائی کورٹ کوہم نیٹ ورک لمیٹڈ میں ڈائریکٹرز کے انتخابات کے انعقاد کو شفاف بنانے کے لیئے غیر جانبدار نگران مقرر کرنے کی تجویز عدالت عالیہ ہم نیٹ ورک کو پابند کرے کہ وہ کاغذات نامزدگی جمع کرانے والے تمام امیدواروں کو انتخاب میںRead More →

LAHORE ( PRESS RELEASE ) Karandaaz Pakistan, with financial support from the UK’s Department for International Development (DFID), is helping the Securities Exchange Commission of Pakistan (SECP) digitalise its key operations. In the first phase of this process, a digital Secured Transactions Registry (STR), governed by The Financial Institutions (SecuredRead More →

ISLAMABAD ( PRESS RELEASE ) ACCA (the Association of Chartered Certified Accountants),the British Deputy High Commission Karachi, Pakistan Business Council’s Centre of Excellence in Responsible Business (CERB) and CFA Society Pakistan jointly convened a high profile event to mark the Global Ethics Day 2019 on Wednesday here in Islamabad. AttendedRead More →

ISLAMABAD (PRESS RELEASE) The federal cabinet that met here on Thursday with Prime Minister Imran Khan in chair has approved the appointment of SECP’s Commissioner Farrukh H. Sabzwari as Chairman of the Securities and Exchange Commission of Pakistan (SECP). Farrukh was appointed Commissioner at SECP on November 15, 2018. FarrukhRead More →

ISLAMABAD (MEDIA REPORT) The Securities and Exchange Commission of Pakistan (SECP) and Board of Investment worked in close collaboration to introduce reforms to make business incorporation easier in the context of Starting a Business indicator of World Bank Doing Business Report. Considering the world’s best practices for company registration, theRead More →

ISLAMABAD ( MEDIA REPORT ) A Federal Investigation Agency (FIA) inquiry team has found Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi guilty of tampering records of companies owned by the Sharif family, and has recommended registering an FIR against him. The team submitted a 28-page inquiry reportRead More →