Thursday, December 8, 2022

SECP

Manipulation at PSX should not go un-noticed

Pakistan's history is full of instances when powerful lobby manipulated stock market for their personal gains. In April 2019 once again rules were manipulated in such a manner that yet again small investors were duped to deprive and incurred...

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...

Ali Siddiqui pleads time from NAB to answer the questionnaire

Once encircled with heavy influence even at the personal office of the former Prime Minister Muhammad Nawaz Sharif (now spending prison sentence) former US envoy Ali Jahangir Siddiqui came under the radar of National Accountability Bureau (NAB) of Pakistan. Fire...

SECP, PSX Board accountable for appointing a foreigner as MD of the bourse

The Securities and Exchange Commission of Pakistan (SECP) and Board of Directors of Pakistan Stock Exchange (PSX) are equally responsible, hence accountable for appointing a foreigner ( Richard Morin) as the Managing Director of Pakistan Stock Exchange in violation...

SECP cautions public not to trust Ms. Galaxy Typing Jobs

The Securities and Exchange Commission of Pakistan (SECP) has cautioned the public to be aware of unauthorized activities of Ms. Galaxy Typing Jobs (SMC-Private) Limited. The company has been found involved in illegal deposit taking by offering hefty monthly profits...

SECP explains AML/CFT reporting requirements

The Securities and Exchange Commission of Pakistan (SECP) explained that it has rescinded the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) reporting requirements prescribed vide circulars 8, 9 and 10 of 2017 as well as the direction 1...

SECP holds awareness session on implementation of AML/CFT regime

As part of its ongoing awareness campaign, the SECP has organized three awareness sessions for the securities/commodities market, insurance/takaful sector and non-banking financial institutions in Karachi. The sectoral experts were also engaged to provide valuable insights and share their experiences...

SECP registered companies growth rises 22 percent

In March, the Securities and Exchange Commission of Pakistan (SECP) registered 1,401 new companies. As compared to the corresponding month of last financial year, it represents a 22 percent growth, raising the number of registered companies to 97,916. The massive...

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...

SECP holds session on AML, CFT obligations for NPOs

In collaboration with the Institute of Chartered Accountants of Pakistan (ICAP), the Securities and Exchange Commission of Pakistan (SECP) has conducted an awareness session on anti-money laundering/counter-terrorism financing (AML/CFT) obligations of non-profit organizations (NPOs) licensed under section 42 of...
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Mehboob Shaikh organizes reception in the honor of Dr. Rahman

Senior journalist, author, and social worker, Mehboob Ali Shaikh held a reception in the honor of a known Psychologist...
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