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Tag: SECP

SEC Pakistan

SECP sets record with highest-ever monthly company registrations in April 2026

May 7, 2026May 7, 2026Faisal Shahnawaz

ISLAMABAD, May 7, 2026 — The Securities and Exchange Commission of Pakistan (SECP) said on Thursday it registered a record 4,082 companies in April 2026, marking the highest monthly incorporations ever recorded in the country’s corporate history.

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SECP Annual Report

SECP tightens AML net with IBAN and biometric rules

April 24, 2026April 24, 2026Faisal Shahnawaz

Islamabad, April 24, 2026 – The Securities and Exchange Commission of Pakistan has unveiled proposed amendments to its Anti-Money Laundering and Counter Financing of Terrorism regulations, aiming to tighten safeguards while enabling seamless digital onboarding for investors.

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SECP Annual Report

PSX shows resilience despite global turmoil from US-Iran conflict: SECP

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Pakistan’s equity market demonstrated notable resilience during the third quarter of FY2025-26 despite global financial turbulence triggered by the US-Iran conflict, according to a quarterly review released by the Securities and Exchange Commission of Pakistan (SECP).

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SECP Annual Report

SECP approves IPOs of Sitara Petroleum and LSE SPAC-I, boosting PSX activity

April 22, 2026April 22, 2026Faisal Shahnawaz

Islamabad, April 22, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved two new Initial Public Offerings (IPOs), signaling continued momentum in Pakistan’s capital markets despite global and regional uncertainties.

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SECP Annual Report

SECP orders firms to disclose ultimate beneficial ownership

April 21, 2026April 21, 2026Faisal Shahnawaz

ISLAMABAD, April 21, 2026 – Pakistan’s corporate regulator has directed all registered companies to ensure timely submission of ultimate beneficial ownership (UBO) information, warning of penalties for non-compliance.

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Alibaba

Alibaba unit KOKO Tech gets BNPL license in Pakistan, SECP says

April 14, 2026April 14, 2026Faisal Shahnawaz

ISLAMABAD, April 14, 2026 — Pakistan’s corporate regulator has granted a license to KOKO Tech Pakistan (Private) Limited, a unit backed by Alibaba Group, to operate a Buy Now Pay Later (BNPL) business in the country, the regulator said on Tuesday.

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SECP Annual Report

SECP registers 2,993 companies in March as IT sector leads growth

April 13, 2026April 13, 2026Faisal Shahnawaz

ISLAMABAD, April 13, 2026 – Pakistan’s corporate sector continued to expand in March, with the Securities and Exchange Commission of Pakistan registering 2,993 new companies, reflecting sustained investor interest despite a monthly slowdown.

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SECP Annual Report

SECP approves first Shariah-compliant credit risk-sharing product

April 4, 2026April 4, 2026Faisal Shahnawaz

Islamabad, April 4, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved the country’s first Shariah-compliant credit risk-sharing product, marking a significant milestone in the development of Pakistan’s Islamic finance sector.

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SECP Annual Report

SECP greenlights 7 pension funds for Balochistan reform push

March 26, 2026March 26, 2026Faisal Shahnawaz

Islamabad, March 25, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved seven pension funds for the Government of Balochistan, marking a key step toward the implementation of the Defined Contribution (DC) pension system in the province.

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SECP Annual Report

41 SOEs fail to submit accounts, face strict SECP action

March 17, 2026March 17, 2026Faisal Shahnawaz

Islamabad, March 17, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has taken strict action against 41 state-owned enterprises (SOEs) for failing to comply with mandatory reporting requirements, including submission of annual audited accounts and annual returns.

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