Tag Archives: (SECP)

1,101 new companies registered in August 2018

Islamabad, September 04, 2018 (PPI-OT): In August, the SECP registered 1,101 new companies. As compared to the corresponding month of last financial year, it represents a growth of 17 percent despite having Eid holidays, raising the number of registered companies …

1,076 new companies registered in July 2018

Islamabad, August 03, 2018 (PPI-OT): The SECP registered 1,076 new companies in July. As compared to the corresponding month of last financial year, it represents a growth of 30 percent as compared to corresponding period last year, raising the number …

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 …

17% growth in companies registration at Securities and Exchange Commission of Pakistan

Islamabad, June 07, 2018 (PPI-OT): In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,094 new companies. As compared to the corresponding month of last financial year, it represents a growth of 17 percent, raising the total number …

Securities and Exchange Commission of Pakistan rationalized licencing regime for securities brokers

Islamabad, January 15, 2018 (PPI-OT):The Securities Exchange Commission of Pakistan with an objective to reduce regulatory burden and to promote ease of doing business, has approved rationalization of existing licensing regime for securities brokers. In order to provide ease of …

Securities and Exchange Commission of Pakistan rationalized licencing regime for securities brokers

Islamabad, January 15, 2018 (PPI-OT):The Securities Exchange Commission of Pakistan with an objective to reduce regulatory burden and to promote ease of doing business, has approved rationalization of existing licensing regime for securities brokers. In order to provide ease of …

Company registration: 44 percent growth witnessed in first half of current Financial Year

Islamabad, January 09, 2018 (PPI-OT):In the first half of current financial year, the Securities and Exchange Commission of Pakistan (SECP) registered 4,954 new companies, raising the total number of companies to 83,879. As compared to the corresponding month of last …

Securities and Exchange Commission of Pakistan amends Public Offering Regulations to promote quality IPOs

Islamabad, January 08, 2018 (PPI-OT):After thorough consultation and concurrence of the leading market participants, the SECP has introduced the amendments to the Public Offering Regulations, 2017, notified vide S.R.O. 7(I)/2018. The said notification and amended copy of the regulations is …

SECP tells CFOs of listed companies to authenticate financial statements

Islamabad, January 03, 2018 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has reminded the chief financial officers (CFOs) of listed companies to authenticate financial statements of their companies. This authentication is compulsory under section 232 of the Companies Act, …

Securities and Exchange Commission of Pakistan directs Pakistan Stock Exchange Limited to elect board of directors

Islamabad, December 29, 2017 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange Limited (PSX) to fix the number of directors and hold election of shareholder directors in accordance with requirements of the Companies Act, …