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SECP honours winners of fourth inter-university trading competition

Islamabad, February 28, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) hosted a prize distribution ceremony of the fourth inter-university trading competition stock trading competition at its head office. Farrukh Sabzwari, the SECP chairman, chaired the ceremony. The …

SECP defers applicability of IFRS 9

Islamabad, February 15, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 “Financial Instruments” for all companies required to prepare their financial statements in accordance with the …

SECP warns public against investing in fake entity Fine Sarmayakari Company

Islamabad, January 09, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has warned the public against investing in a fake entity, “Fine Sarmayakari Company”, which has been trying to trap innocent people through social media to invest in …

SECP Orders Microfinance Companies to Adopt Complaint Management Mechanism

Islamabad, December 31, 2018 (PPI-OT): Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for grievance redress system in Non-Bank Microfinance Companies (NBMFCs) to protect the interests of clients. Accordingly, the NBMFCs are required to put in place a …

SECP holds an awareness sessions on AML/CFT obligations

Islamabad, December 21, 2018 (PPI-OT): Under its outreach program, the SECP held awareness sessions in Karachi on anti-money laundering/countering financing of terrorism (AML/CFT) obligations and terrorism financing risk assessment for its regulated sectors, i.e., securities and commodities market, insurance/takaful companies, …

Securities and Exchange Commission of Pakistan approves Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018

Islamabad, June 14, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has introduced Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018. The new regulations are aimed at improving safety regime for the employees contributing to various contributory …

Securities and Exchange Commission of Pakistan approves Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018

Islamabad, June 14, 2018 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has introduced Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018. The new regulations are aimed at improving safety regime for the employees contributing to various contributory …