Islamabad, January 29, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has issued a clarification regarding its role in sharing information on insider trading cases with the Federal Investigation Agency (FIA).
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SECP Introduces New Regulations for Mutual Fund Industry
The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step towards strengthening the regulatory framework for the mutual fund industry by introducing detailed regulations for “Investment Plans.”
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SECP Approves Stock Split Guidelines for PSX
Islamabad, December 28, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has granted approval to the Pakistan Stock Exchange Limited (PSX) to issue Guidelines for Stock Splits aimed at encouraging listed companies to adopt this financial strategy.
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SECP Ceases Guarantee Business of Insurance Company
The Securities and Exchange Commission of Pakistan (SECP) has taken decisive action to cease the guarantee business of Crescent Star Insurance Limited (Crescent Star). This action was executed through a Direction under Section 60 of the Insurance Ordinance, 2000. According to an official press release issued on Thursday, Crescent Star had issued guarantees worth Rs. 229 billion without securing the requisite collateral or establishing valid reinsurance arrangements.
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SECP Cracks Down on 142 Fraudulent Digital Applications
The Securities and Exchange Commission of Pakistan (SECP) has heightened its regulatory oversight of capital markets and businesses, targeting illegal financial practices while reinforcing investor confidence through technology-driven measures.
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SECP Registers Over 2,400 Companies in October 2024
Islamabad, November 14, 2024 – The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in October 2024, bringing the total number of companies in the country to 233,587.
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SECP Forms Islamic Capital Market Development Committee
Islamabad, September 19, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has established the Islamic Capital Market Development Committee (ICMDC) with a mandate to enhance the growth and development of Islamic finance in the country.
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SECP Registers 27,542 New Companies in Fiscal Year 2023-24
Islamabad, July 27, 2024 – The Securities and Exchange Commission of Pakistan (SECP) registered 27,542 new companies during the fiscal year 2023-24, bringing the total number of SECP-registered companies to 222,697, according to an official statement.
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SECP Warns Against Fraudulent Car Financing Scheme
Islamabad, June 15, 2024 – The Securities and Exchange Commission of Pakistan (SECP) issued a stern warning on Saturday, alerting the general public to a fraudulent car financing scheme being operated by an unincorporated entity known as Etihad Auto Solutions.
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SECP Proposes Reduction in Dividend Tax in 2024-25 Budget
PkRevenue.com — In a significant move aimed at fostering a more equitable tax regime and encouraging corporatization, the Securities and Exchange Commission of Pakistan (SECP) has proposed a reduction in the tax on dividend income to 10 percent in the upcoming budget for 2024-25.
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