CDC Pakistan, PSX, and NCCPL Host Dinner for Delegates of the Second International Islamic Capital Market Conference Pakistan, through holding the international Islamic capital market conference, is paving the way to transition into a sustainable, equitable, and interest-free financial ecosystem. This was stated by SECP Chairman Akif Saeed in his welcome address at a dinner…
Pakistan Mercantile Exchange Limited (PMEX) has appointed Mr. Khurram Zafar as the Chief Executive Officer, who has already taken charge. Mr. Khurram Zafar joins PMEX with a robust background in business, technology, and capital market leadership in Pakistan, Europe, and the United States. Prior to his appointment at PMEX, Khurram led a Pakistan focused venture…
With the support and guidance of the Securities and Exchange Commission of Pakistan, Central Depository Company (CDC), in collaboration with leading AMCs and brokerage houses of Pakistan, has organized a 3-day long “Investor Weekend 2024” event at Dolmen Mall Clifton, Karachi from October 11 – 13, 2024. CDC has especially organized this event to mark…
The Securities and Exchange Commission of Pakistan (SECP) has introduced a set of fit and proper criteria for key executives of corporate restructuring companies. This significant move is aimed at enhancing the regulatory framework governing such entities, ensuring that individuals in key roles meet specific standards of competence, integrity, and professionalism. The fit and proper…
In a groundbreaking move towards enhancing regulatory processes, the Securities and Exchange Commission of Pakistan (SECP) has introduced a state-of-the-art online filing system known as EZFile. This innovative platform marks a significant leap in digitizing and streamlining filing procedures, aiming to provide stakeholders with a more efficient and user-friendly experience. Key Features of SECP’s New…
In a groundbreaking move, the Securities and Exchange Commission of Pakistan (SECP) has issued a directive making it obligatory for auditors to incorporate the Unique Document Identification Number (UDIN) on all audit reports. This regulatory initiative aims to enhance transparency, accountability, and traceability in the audit process. The SECP’s decision to enforce the inclusion of…
In a significant move aimed at preventing the rampant issue of financial exploitation through online loan scams, the Securities and Exchange Commission of Pakistan (SECP) has implemented stringent regulations for Easy Loan Apps. At a workshop in Islamabad on Tuesday, SECP officials disclosed their proactive approach to address online scams, particularly those targeting individuals with…
Embracing innovation in stock market oversight, the Securities and Exchange Commission of Pakistan (SECP) has unveiled a homegrown application designed for in-depth stock market surveillance and data analysis. This groundbreaking development comes as the SECP takes a proactive stance on market monitoring, leveraging modern tools and systems for efficient analysis. The SECP’s market surveillance team…
