Thursday, September 23, 2021

Financial Institutions (Secured Transactions) Act

Secured transactions registry established in SECP

The federal government has entrusted the function of Secured Transaction Registry (STR) for unincorporated entities to the Securities and Exchange Commission of Pakistan (SECP). The registry will record charges/security interests created by entities on their movable assets. The Financial Institutions (Secured...

SECP appoints registrar, secured transactions registry

In the wake of the federal government’s notification to establish the Secured Transactions Registry, the Securities and Exchange Commission of Pakistan (SECP) has appointed Registrar, Secured Transactions Registry. The registry has been mandated to implement an effective regulatory and enforcement...
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