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Tag: Securities and Exchange Commission of Pakistan

SEC Pakistan

SECP Introduces Vital Amendments to Anti-Money Laundering Regulations

September 27, 2023September 27, 2023Faisal Shahnawaz

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.

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SEC Pakistan

SECP Warns Public Against Investing in Ismmart Group

September 25, 2023September 25, 2023Mrs. Anjum Shahnawaz

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.

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SEC Pakistan

SECP Registers 2,847 New Companies in August 2023

September 13, 2023September 13, 2023Mrs. Anjum Shahnawaz

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.

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SEC Pakistan

SECP Reports Significant Surge in Registered Companies to 197,828 by July 2023

August 11, 2023August 11, 2023Faisal Shahnawaz

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.

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Pakistan bans old cars

Car Insurance Coverage in Pakistan at Just 3%: SECP Study Exposes Low Protection

August 1, 2023August 1, 2023Mrs. Anjum Shahnawaz

Islamabad, August 1, 2023 – Car insurance coverage in Pakistan is shockingly low at a mere three percent, lagging far behind other major regional economies, according to a recent study conducted by the Securities and Exchange Commission of Pakistan (SECP).

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SEC Pakistan

SECP Registers 27,746 New Companies in 2022-23

July 21, 2023July 21, 2023Mrs. Anjum Shahnawaz

Islamabad, July 21, 2023 – In a positive sign for Pakistan’s economy, the Securities and Exchange Commission of Pakistan (SECP) has announced the registration of 27,746 new companies in the fiscal year 2022-23.

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SEC Pakistan

SECP Implements Changes to Regulations for Election of Independent and Female Directors

July 18, 2023July 18, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recently made amendments to the Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Companies (Postal Ballot) Regulations, 2018.

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SEC Pakistan

SECP issues fraud alert, warns public against fraudulent investment schemes

May 24, 2023May 24, 2023Faisal Shahnawaz

Islamabad, May 24 – The Securities and Exchange Commission of Pakistan (SECP) issued a fraud alert on Wednesday, cautioning the general public to refrain from investing in fraudulent investment schemes that make false promises of substantial profits and unrealistic incentives.

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SEC Pakistan

Pakistan allows registration of 70 foreign companies

May 13, 2023May 13, 2023Mrs. Anjum Shahnawaz

Pakistan has allowed registration of 70 foreign companies in the month of April 2023. This brings the total number of registered companies to 191,924 with the Securities and Exchange Commission of Pakistan (SECP).

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SEC Pakistan

Security Investment Bank applies for Shariah certificate

May 13, 2023May 13, 2023Faisal Shahnawaz

Security Investment Bank Limited (SIBL) has applied to become a Shariah-compliant investment bank following the issuance of comprehensive guidelines by the Securities and Exchange Commission of Pakistan (SECP).

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