Central Bank of the UAE Joins Global Effort to Enhance FX Market Integrity with FX Global Code Adoption
In a significant move for the financial sector in the Arab world, the Central Bank of the UAE (CBUAE) has…
SBP Mandates Collateral Pledging for Islamic Banks Under Mudarabah-Based Facilities
In a significant move to enhance the regulatory framework of Islamic banking in Pakistan, the State Bank of Pakistan (SBP)…
FBR Forms Four-Member Committee to Operationalize International Center for Tax Excellence
The Federal Board of Revenue (FBR) has officially formed a four-member committee to oversee the establishment and operationalization of the…
SECP Mandates Unlisted Companies to Issue Shares in Book-Entry Form Starting March 2025
The Securities and Exchange Commission of Pakistan (SECP) has introduced a major regulatory change that will affect all newly incorporated…
Sindh Revenue Board Becomes First Public-Sector Tax Agency to Achieve ICAP’s TOoP Status
In a significant milestone for public-sector tax administration in Pakistan, the Sindh Revenue Board (SRB) has been awarded the prestigious…
FBR Suspends Two Customs Officers at Taftan Border Over Disciplinary Issues
The Federal Board of Revenue (FBR) has taken swift action by suspending two Customs officers stationed at the Taftan border,…
FBR Launches Centralized Customs Examination Unit to Streamline Trade and Enhance Efficiency
Karachi, February 25, 2025 – In a significant move to enhance trade facilitation and improve the transparency of customs operations,…
PTA Initiates Licensing of VPN Service Providers to Ensure Data Security and Compliance
In a significant step towards regulating Virtual Private Networks (VPN) in Pakistan, the Pakistan Telecommunication Authority (PTA) has begun issuing…
Federal Government Extends Masroor Khan’s Term as OGRA Chairman for One Year
On February 21, 2025, the Federal Government announced that Masroor Khan’s tenure as Chairman of the Oil and Gas Regulatory…
SECP Seeks Public Feedback on Draft Guidelines for Capital Issue, ESOS, Stock Splits, and Intermediary Registration
The Securities and Exchange Commission of Pakistan (SECP) has recently released four draft guidelines aimed at enhancing transparency, improving corporate…