Raising loans on interest prohibited, SECP issues draft amendment to Shariah regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Thursday issued draft amendments to Shariah Governance Regulations, 2018 saying that raising loans on interest is prohibited. Read more »

No action against companies for gold, valuables recovery: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday strongly refutes the reports attributing the commission for taking action against companies to recovery gold and other valuable properties. Read more »

FBR asks SEPC to ensure quality financial reporting by registered companies

ISLAMABAD: Federal Board of Revenue (FBR) has asked Securities and Exchange Company of Pakistan (SECP) to ensure quality of financial reporting of registered companies. Read more »

SECP holds consultation session to review Bancassurance regulations

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has organized a stakeholders’ consultations session to review the changes in insurance regulatory framework governing Bancassurance, a statement said on Friday. Read more »

SECP to facilitate startups under PM’s Kamyab Jawan Program

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has assured to provide all necessary measures for the nascent companies to be registered in communication, tourism and postal sectors under Startup Pakistan Programme... Read more »

Secured transactions registry established in SECP

ISLAMABAD: The function of Secured Transaction Registry (STR) has been established at the Securities and Exchange Commission of Pakistan (SECP). Read more »

Total number of registered companies increases to 99,291: SECP

ISLAMABAD: The total number of registered companies has increased to 99,291 by end of April 2019, Securities and Exchange Commission of Pakistan (SECP) said on Friday. Read more »

SECP holds awareness session for NPOs on AML/CFT

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has conducted an awareness session on Anti-Money Laundering (AML)/Counter-Terrorism Financing (CFT) in collaboration with of Institute of Chartered Accountants of Pakistan (ICAP), a statement... Read more »

Registration of companies crosses 95,000: SECP

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has said that total registration of corporate registration has crossed over 95,000 units following 1,317 new registrations in January 2019. Read more »

SECP asked to review CSR guidelines to align with SDGs

ISLAMABAD: Federal Minister for Defence Production Ms. Zubaida Jalal has asked the Securities and Exchange Commission of Pakistan (SECP) to review its guidelines related to the Corporate Social Responsibility (CSR) for business... Read more »

Abolishing advance tax on share sale, purchase on the cards

KARACHI: The government is likely to abolish advance tax on sale and purchase of shares in the capital market on the demand of Pakistan Stock Exchange (PSX), sources said on Saturday.  ... Read more »