UAE Central Bank Fines Five Banks and Two Insurers for FATCA and CRS Compliance Failures
The Central Bank of the United Arab Emirates (CBUAE) has imposed financial sanctions amounting to AED 2,621,000 on five banks…
SECP Launches Enhanced eZFile Platform to Streamline Corporate Regulatory Processes
The Securities and Exchange Commission of Pakistan (SECP) has taken a major step in its digital transformation journey with the…
SECP Unveils Streamlined Regulatory Processes on Enhanced eZFile Platform
March 28, 2025 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has launched a new phase in its ongoing…
SECP Seeks Public Feedback on Draft Certification Regulations for Financial Professionals
In a move aimed at strengthening the competency and professionalism within Pakistan’s financial services sector, the Securities and Exchange Commission…
SECP Introduces Same-Day Corporate Account Opening through Enhanced eZfile Portal
The Securities and Exchange Commission of Pakistan (SECP) has unveiled a major initiative aimed at simplifying the process of corporate…
SECP Appellate Bench Resolves 100 Appeals in One Year, Streamlining Justice and Reducing Backlog
SECP Appellate Bench Successfully Disposes of 100 Appeals in One Year, Paving the Way for Faster Justice The Appellate Bench…
SBP Mandates Adoption of AAOIFI Shariah Standard 20 for Islamic Banks to Enhance Compliance
The State Bank of Pakistan (SBP) has taken a significant step to bolster Shariah compliance in the Islamic banking sector…
Competition Commission of Pakistan Takes Bold Steps to Promote Fair Market Practices and Dismantle Cartels
The Competition Commission of Pakistan (CCP) has been intensifying its efforts to foster a fair competitive environment in the country’s…
SECP Establishes Sustainable Finance Advisory Group to Drive Key Policy Reforms
In a significant move towards enhancing sustainability in Pakistan’s financial sector, the Securities and Exchange Commission of Pakistan (SECP) has…
State Bank of Pakistan Announces Public Holidays for Eid-ul-Fitr: Banks to Remain Closed from March 31 to April 2, 2025
The State Bank of Pakistan (SBP) has officially announced that all commercial banks, microfinance banks (MFBs), development banks (DBs), and…