ADVERTISEMENT
Wednesday, July 30, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

SECP Issues Consultation Paper on Peer-to-Peer and Crowd Lending to Enhance Access to Finance

News Desk
June 5, 2025
SECP Cautions Public Against Illegal Offshore Trading and Investment Platforms
Share on FacebookShare on Twitter
Advertisements

Islamabad, June 5, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has invited feedback on a comprehensive Consultation Paper on the Challenges and Potential of Peer-to-Peer (P2P) and Crowd Lending in Pakistan. The paper also includes proposed amendments to the Non-Banking Finance Companies & Notified Entities Regulations, 2008, aimed at expanding access to alternative finance.

The rapid evolution of financial technologies and the growing demand for inclusive and innovative financing solutions has led SECP to conduct an in-depth review of the existing P2P lending framework. The paper presents a comparative analysis of international regulatory models and best practices to inform policy development.

The review identifies several structural and regulatory challenges currently constraining the growth of P2P and crowd lending platforms in Pakistan. These challenges include the absence of securitized lending mechanisms, restrictions on eligible participants, limited options for credit risk diversification, and operational difficulties related to escrow account management.

Advertisements

To address these challenges, the SECP proposes a series of amendments to the P2P lending framework. These proposed changes include increasing loan ticket sizes and exposure limits, strengthening governance requirements for NBFCs operating as P2P service providers, ensuring the financial sustainability of P2P platforms, introducing a trust account structure for fund management, enhancing risk disclosures, and introducing IT and cybersecurity standards for platforms.

The SECP has invited comments and suggestions from all stakeholders, including P2P platforms, fintech innovators, financial institutions, investors, and the general public. Stakeholder feedback will play a critical role in shaping a forward-looking, risk-sensitive, and enabling regulatory environment for P2P lending in Pakistan.

In addition, the SECP also proposed amendments to revise the definitions of SME/MSME and microenterprises, enhance credit bureau reporting requirements for lending NBFCs, amend the Code of Corporate Governance applicable to lending NBFCs, and relax the Fit and Proper Criteria for Fintech Startups in the lending space.

The Consultation Paper and draft notification of the proposed amendments are available on the SECP website. Comments may be submitted by June 20, 2025, via email to fahad.raza@secp.gov.pk.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

HCSTSI Vice President Shan Sehgal Participates in Education Expo 2025
Business

HCSTSI Vice President Shan Sehgal Participates in Education Expo 2025

July 30, 2025
Qatar Airways Expands Saudi Network with New Abha Flights and More NEOM Options.
Business

Qatar Airways Unveils Global Winter Schedule, Increasing Flights to Over 15 Destinations Including Up to 10 Daily Flights to London Heathrow

July 30, 2025
CCP Enforcement Gains Pace: 223 Cases Resolved, PKR 360m Recovered
Business

CCP Enforcement Gains Pace: 223 Cases Resolved, PKR 360m Recovered

July 30, 2025
From Karachi Roads to Coastal Rides with Temu in the Pack
Business

From Karachi Roads to Coastal Rides with Temu in the Pack

July 30, 2025
Environment conference demands full provincial autonomy to fight environmental degradation
Business

Environment conference demands full provincial autonomy to fight environmental degradation

July 30, 2025
Cadence Design Systems Agrees to Plead Guilty and Pay Over $140 Million for Unlawfully Exporting Semiconductor Design Tools to a Restricted PRC Military University
Business

Cadence Design Systems Agrees to Plead Guilty and Pay Over $140 Million for Unlawfully Exporting Semiconductor Design Tools to a Restricted PRC Military University

July 30, 2025
KYRGYZ DELEGATION LED BY DEPUTY PM EDIL BAISALOV VISITED KPT
Business

KYRGYZ DELEGATION LED BY DEPUTY PM EDIL BAISALOV VISITED KPT

July 30, 2025
SABS UNIVERSITY JAMSHORO ELECTS MEMBERS FOR STATUARY BODIES
Headline

SABS UNIVERSITY JAMSHORO ELECTS MEMBERS FOR STATUARY BODIES

July 30, 2025
Pakistan Flood Relief Initiative Launched by Houston-Karachi Sister City Association, Alliance for Disaster Relief, and Helping Hands for Relief & Development
Business

Pakistan Flood Relief Initiative Launched by Houston-Karachi Sister City Association, Alliance for Disaster Relief, and Helping Hands for Relief & Development

July 30, 2025
Boston Health AI Launches Hami: The World’s First AI-Powered Physician Assistant for End-to-End Patient Care
Business

Boston Health AI Launches Hami: The World’s First AI-Powered Physician Assistant for End-to-End Patient Care

July 30, 2025
Next Post
Senator Danesh Kumar, along with Ahmed Rana, CEO of American Accountant Business Group, visited the Provincial Headquarters of Pakistan Red Crescent Society

Senator Danesh Kumar, along with Ahmed Rana, CEO of American Accountant Business Group, visited the Provincial Headquarters of Pakistan Red Crescent Society

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

PM Youth Laptop Scheme 2025: HEC Releases Merit List – Check Your Eligibility Online Now!

Yinyleon & her husband most viewed amateurs 2022 on adult site.

Reckitt Benckiser (RB) & partners to revolutionize access of health & hygiene across 1 million rural households, backed by the UK Government

Mehwish Salman Ali Elected President of CxO Global Forum USA Chapter

Hisaar Foundation at the UN

Must Read

How ABHI and Soorty Financially Empowered Labor in Pakistan.
PAKISTAN

How ABHI and Soorty Financially Empowered Labor in Pakistan.

April 30, 2024
Engro Corporation announces transition in leadership.
Headline

Engro Corporation announces transition in leadership.

January 31, 2024
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.