Tag: secp

Modification can attract domestic and foreign investors: Saqib Rafiq

RAWALPINDI, Dec 04 (APP):The Rawalpindi Chamber of Commerce and Industry (RCCI) President Saqib Rafiq has said that diversification in Pakistan’s capital market can help expand and broaden investment options beyond traditional avenues. He made these remarks at the inaugural ceremony of Invest Expo 2023 organized by the Pakistan Mercantile Exchange (PMEX) with the support of… Continue reading Modification can attract domestic and foreign investors: Saqib Rafiq

PMEX holds first-ever Invest Expo 2023

ISLAMABAD, Dec 02 (APP): The Pakistan Mercantile Exchange (PMEX) organised Invest Expo, featuring exhibitions by leading entities in the financial sector, including stock brokers, commodities brokers, mutual funds, insurance, and microfinance companies. The first-ever expo in Islamabad is a significant move towards the goal of encouraging safe investment alternatives and raising financial knowledge, said a… Continue reading PMEX holds first-ever Invest Expo 2023

30th meeting of SECP-SBP Coordination Committee held

ISLAMABAD, Nov 23 (APP):The 30th meeting of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) Coordination Committee was held on Thursday. Jameel Ahmad, Governor SBP along with senior officials represented the SBP, whereas the SECP team was headed by Chairman Akif Saeed, along with Commissioners and senior officials,… Continue reading 30th meeting of SECP-SBP Coordination Committee held

SECP takes notice of surrogate ads by cryptocurrency exchanges, betting platforms

ISLAMABAD, Nov 21 (APP): The Securities and Exchange Commission of Pakistan (SECP), taking notice of the increasing trend of surrogate advertisements on certain internet-based cryptocurrency exchanges and betting platforms, has directed all companies, including limited liability partnerships (LLPs), not to enter into any type of advertisement or sponsorship agreements with entities involved in surrogate advertising.… Continue reading SECP takes notice of surrogate ads by cryptocurrency exchanges, betting platforms

Cabinet committee okays SOE Policy

ISLAMABAD, Nov 15 (APP):The Cabinet Committee on State-Owned Enterprises (CCSOE) on Wednesday approved the revised State-Owned Enterprises (Ownership and Management) Policy 2023 and recommended it for approval to the Federal Cabinet. Caretaker Federal Minister for Finance, Revenue, and Economic Affairs Dr Shamshad Akhtar chaired the CCSOE meeting, which, besides teh committee members, was attended by… Continue reading Cabinet committee okays SOE Policy

Finance Minister sees DFIs as potential growth drivers

ISLAMABAD, Nov 09 (APP): The caretaker Federal Minister for Finance, Revenue and Economic Affairs Dr. Shamshad Akhtar said here on Thursday that the Development Finance Institutions (DFIs), having requisite expertise, efficiency and flexibility, can be the potential drivers of growth and development of the capital market. She was chairing a meeting with the Chairman Securities… Continue reading Finance Minister sees DFIs as potential growth drivers

SECP continues crack down on illegal loan apps

ISLAMABAD, Oct 3 (APP): As part of the Securities and Exchange Commission of Pakistan’s (SECP) crackdown against illegal loan apps, it has been observed that some operators have started launching their illegal loan apps through Android Package Kit (APK) files, by using alternative channels such as websites, WhatsApp, etc. instead of uploading them on Google… Continue reading SECP continues crack down on illegal loan apps

SECP amends AML/CFT Regulations, 2020

ISLAMABAD, Sep 26 (APP):The Securities and Exchange Commission of Pakistan (SECP) has introduced important amendments to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Regulations, 2020. The notified amendments aim to enhance the scope of regulations to effectively combat financial crimes, control money laundering, and combat the financing of terrorism (CFT) while ensuring the… Continue reading SECP amends AML/CFT Regulations, 2020

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