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Tag: Securities and Exchange Commission of Pakistan

SEC Pakistan

SECP Eases Account Opening for Retail Investors

May 9, 2024May 9, 2024Mrs. Anjum Shahnawaz

ISLAMABAD, May 9, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has announced a significant simplification in the process of account openings for retail investors through its new Centralized Gateway Portal (CGP).

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SECP Annual Report

SECP Awards First Digital Study Loan License to Edufi Financial

April 27, 2024April 27, 2024Mrs. Anjum Shahnawaz

Islamabad, April 27, 2024 – In an innovative step towards educational financing, the Securities and Exchange Commission of Pakistan (SECP) has awarded the first-ever license for a digital study loan service to M/s Edufi Financial Services (Private) Limited.

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SECP Annual Report

SECP Registers First Digital Takaful Operator

April 17, 2024April 17, 2024Faisal Shahnawaz

In a landmark development, the Securities and Exchange Commission of Pakistan (SECP) has ushered in a new era of digitalization in the insurance sector by registering and issuing a license to M/s Salaam Family Takaful Limited as the country’s first-ever digital family takaful operator.

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SEC Pakistan

SECP Urges Removal of Multiple Taxes on Insurance

April 17, 2024April 17, 2024Mrs. Anjum Shahnawaz

Islamabad: In a bid to unlock the potential of micro and inclusive insurance in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has called upon the Federal Board of Revenue (FBR) to eliminate multiple layers of taxation on insurance products.

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Jazz

JazzCash Elevated as SECP’s Strategic Knowledge Partner

March 29, 2024March 29, 2024Hamza Shahnawaz

Islamabad, March 29, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has forged a pivotal alliance with JazzCash, the nation’s foremost fintech giant, solidifying JazzCash’s position as SECP’s strategic knowledge partner.

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SECP Annual Report

SECP Clarifies Reporting Requirements for Shareholding Changes

March 26, 2024March 26, 2024Mrs. Anjum Shahnawaz

Islamabad, March 25, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has issued a crucial clarification concerning the reporting procedures for changes in shareholding among non-listed companies.

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SECP Annual Report

SECP Guidelines for Ethical Digital Lending Practices by NBFCs

March 18, 2024March 18, 2024Mrs. Anjum Shahnawaz

Islamabad, March 18 – The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step in regulating the digital lending sector by issuing comprehensive guidelines for Non-Banking Financial Companies (NBFCs) engaged in digital lending activities.

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SECP Annual Report

Pakistan Takes Bold Action Against Stock Market Manipulation

March 7, 2024March 7, 2024Mrs. Anjum Shahnawaz

Islamabad, March 7, 2024 – In a resolute and far-reaching move, Pakistan has unleashed a barrage of stringent measures against individuals allegedly involved in manipulating the stock market.

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SECP Annual Report

SECP Company Registrations Reach 212,108 by January 2024

February 20, 2024February 20, 2024Mrs. Anjum Shahnawaz

Islamabad, February 20, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has reported a substantial increase in company registrations, reaching a total of 212,108 by the end of January 2024.

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Pakistan Tax Bar Association new image

PTBA Urges SECP to Revamp Guidelines for Procedural Alleviation

February 7, 2024February 8, 2024Shahnawaz Akhter

Karachi, February 7, 2024 – The Pakistan Tax Bar Association (PTBA) has fervently called upon the Securities and Exchange Commission of Pakistan (SECP) to proactively update its guidelines and eliminate procedural hurdles, fostering a more conducive environment for all facets of the business realm.

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