SECP Registers MUFAP as First Section 42 Self-Regulatory Organization in Pakistan’s Fund Management Industry
The Mutual Funds Association of Pakistan (MUFAP) has been granted Self-Regulatory Organization status by SECP, marking a first for any Section 42 company in the country. The move strengthens governance, investor protection, and market transparency in Pakistan’s fund management industry.
SECP Urges FBR to Abolish Sales Tax on Health Insurance to Boost Access and Affordability
The Securities and Exchange Commission of Pakistan has called on the Federal Board of Revenue to remove sales tax on health insurance, urging policy reforms to make healthcare more accessible and to boost the underdeveloped individual health insurance segment.
SECP Breaks Record with 4,065 Company Registrations in July 2025, Drives Digital Incorporation Surge
The SECP registered a record 4,065 companies in July 2025, the highest in Pakistan’s history. With 99.9% digital incorporation, the move reflects growing investor confidence, tech sector momentum, and robust regulatory evolution.
State Bank of Pakistan’s Expanding Role in Regulating Emerging Financial Technologies
The State Bank of Pakistan is taking on a dual role as a financial and tech regulator in the absence of modern data protection laws. With the launch of its Regulatory Sandbox, SBP is filling legislative gaps while urging policymakers to enact future-ready digital governance laws.
Dawood Equities Receives SECP License as Consultant to the Issue Under Public Offering Regulations
Dawood Equities Limited has secured a Consultant to the Issue license from SECP under the Public Offering Regulations 2017, enabling it to advise on IPOs and public offerings in Pakistan’s capital markets.
SECP Unveils Strategic Overhaul to Strengthen Pakistan’s Mutual Funds Sector
The SECP has introduced major regulatory and digital reforms to modernize Pakistan’s mutual funds industry, including SRO status for MUFAP, a Digital AMC Framework, and an ETF development committee.
SBP Directs Banks to Submit Robust Recovery Plans to Safeguard Financial Stability and Prevent Failures
The State Bank of Pakistan has mandated all commercial banks to develop detailed recovery plans to manage financial stress, meet regulatory expectations, and ensure institutional stability under a new regulatory framework aligned with global standards.
State Bank of Pakistan Rolls Out Recovery Planning Framework to Strengthen Banking Sector Resilience
SBP introduces a regulatory framework on recovery planning to ensure banks in Pakistan are prepared for financial distress, aligning practices with global standards and reinforcing banking sector resilience.
Pakistan Approves Licensing of Banks and Exchange Firms for Crypto Operations Under New Virtual Assets Law
The Government of Pakistan has begun rolling out its Virtual Assets Act 2025, establishing a regulatory authority to license banks and exchange companies for crypto-related operations while also progressing toward a central bank digital currency pilot.
Pakistan to License Banks and Exchange Companies Under New Crypto Regulatory Framework
Pakistan has initiated the rollout of its Virtual Assets Act 2025, announcing plans to license banks and exchange companies for cryptocurrency operations under the newly established Pakistan Virtual Asset Regulatory Authority (PVARA).