SECP issues draft valuers registration, governance regulations, 2016


ISLAMABAD, Apr 26 (APP): The Securities and Exchange
Commission of Pakistan (SECP), has notified the draft Valuers Registration and Governance Regulations, 2016, and also placed it on its website to obtain public opinion within 30 days.
The draft gegulations are aimed at the regulation and
supervision of the work of professional valuers, a statement issued by the SECP here on Tuesday said.
The regulations provide for the registration mechanism of
professional valuers in the form of Company, on five specialized valuation panels, for which the prescribed eligibility and fit-and-proper criteria has been defined.