In a noteworthy development, the Information Technology (IT) sector emerged as the frontrunner in corporate incorporation in Pakistan during the month of October 2023.
(more…)Tag: SECP
-
Pakistan Bans 111 Social Media Apps Offering Online Loans with Interest
November 14, 2023 – Pakistan has banned 111 social media apps that were offering online interest based loans, said caretaker Interior Minister Sarfraz Bugti on Monday.
(more…) -
SECP and FIA Sign MoU for Enhancing Security of Digital Financial System
Islamabad, November 6, 2023 – The Securities and Exchange Commission of Pakistan (SECP) and the Federal Investigation Agency (FIA) have formalized a memorandum of understanding (MoU) for enhancing the security of Pakistan’s digital financial system,
(more…) -
SECP Highlights Significance of Digitalization in Meeting with Foreign Investors
Karachi, October 16 – The Securities and Exchange Commission of Pakistan (SECP) recently engaged with member companies of the Overseas Investors Chamber of Commerce & Industries (OICCI) in an interactive session to emphasize the importance of digitalization.
(more…) -
Pakistan Reports Total Company Incorporations Reaching 202,892
Islamabad, October 12, 2023 –Securities and Exchange Commission of Pakistan (SECP) has reported that the total number of registered companies in Pakistan has reached 202,892 by the end of September 30, 2023.
(more…) -
SECP Issues Warning Against Downloading Illegal Loan Apps via APK
Islamabad, October 3, 2023 – The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the general public concerning the downloading of Android Package Kit (APK) files of illegal loan apps.
(more…) -
SECP Introduces Vital Amendments to Anti-Money Laundering Regulations
Islamabad, September 26, 2023 – The Securities and Exchange Commission of Pakistan (SECP) has taken significant steps to bolster its Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Regulations for 2020.
(more…) -
SECP Warns Public Against Investing in Ismmart Group
Islamabad, September 25, 2023 – The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the general public, cautioning them against investing in fraudulent investment schemes promoted by the ISMMART Group.
(more…) -
SECP Registers 2,847 New Companies in August 2023
Islamabad, September 13, 2023 – The Securities and Exchange Commission of Pakistan (SECP) has announced that it registered a total of 2,847 new companies in the month of August 2023, according to an official statement released today.
(more…) -
SECP Reports Significant Surge in Registered Companies to 197,828 by July 2023
Islamabad, August 11, 2023 – The Securities and Exchange Commission of Pakistan (SECP) has announced a notable upswing in the number of registered companies in the country, reaching a total of 197,828, according to a recent press release.
(more…)