BUSINESS

SECP registered 1, 401 new companies in March, the number of registered companies rises to 97,916

ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) registered 1,401 new companies. As compared to the corresponding month of the last financial year, it represents a22 percent growth, raising the number of registered companies to 97,916. The massive increase is the result of the SECP’s various reforms measures, i.e. introduction of simplified combined […]

BUSINESS HEADLINE

Company registration goes up by 26 percent – SECP

ISLAMABAD –  The Securities and Exchange Commission of Pakistan (SECP) registered 1,290 new companies in February. As compared to the corresponding month of last financial year, it represents a growth of 26 percentraising the number of registered companies to 96,510. The massive increase is the result of the SECP’s various reforms measures, i.e. introduction of […]

BUSINESS

SECP holds awareness sessions on AML/CFT obligations

ISLAMABAD – The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad. The outreach sessions were held to share the findings of the National Terrorism Financing Risk Assessment with the financial institutions regulated by the SECP. These sessions were designed to help the representatives of financial institutions to improve their […]

BUSINESS HEADLINE

SECP organized Workshop on Public Sector Corporate Governance

ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Corporate Governance Unit of Finance Department, Government of Khyber Pakhtunkhwa organized a workshop on “Public Sector Corporate Governance in Khyber Pakhtunkhwa”. Mr. Taimur Saleem Khan Jhagra, Minister for Finance, Khyber Pakhtunkhwa was the Chief Guest. Umer Khalid, Head, CG Unit made […]

HEADLINE ISLAMABAD

Govt to remove bottlenecks in Ease of Doing Business

ISLAMABAD – Prime Minister Imran Khan chaired a meeting in Islamabad on Wednesday to review progress on improving Ease of Doing Business in the country. Chairman Board of Investment briefed the Prime Minister about the progress on various indicators related to Ease of Doing Business. He informed that efforts are being made to improve risk-management […]

BUSINESS

SECP Policy Board directs Commission to reduce fees

ISLAMABAD – The SECP Policy Board met in Islamabad on Wednesday at the SECP head office under the chairmanship of Professor Khalid00- Mirza.  On the recommendation of its Regulations Committee, the Policy Board has directed the Commission to consider a substantial reduction in fees so as to remove the harsh regulatory impediments that hamper the overall growth of […]

BUSINESS

Appointment of SECP commissioner notified

ISLAMABAD – December 7: The federal cabinet Friday issued notification for the appointment of two new commissioners at the Securities and Exchange Commission of Pakistan (SECP).  According to a notification issued by the Finance Division here on Friday, the federal government has appointed Aamir Khan (Executive Director/ Spokesperson SECP) and Farrukh H Sabzwari as commissioners […]

BUSINESS

1,060 new companies registered in November :SECP

ISLAMABAD – In November 2018, the SECP registered 1,060 new companies. As compared to the corresponding month of last financial year, it represents a growth of 20 percent raising the number of registered companies to 93,157. The massive increase is the result of the SECP’s various reforms measures, i.e. introduction of simplified combined process for name […]

BUSINESS

SECP holds workshop on insurance and takaful

ISLAMABAD, October 5: In collaboration with the International Institute of Economics (IIIE), International Islamic University (IIUI) Islamabad, the SECP has conducted a workshop on insurance and takaful. The purpose of the workshop was to enhance financial literacy, awareness and bridging the gap between academia and industry. The workshop included Shariah status and criticism of insurance […]