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.
HBL Partners with NCCPL to Pioneer Bank Integration in Pakistan’s Capital Markets
HBL becomes the first bank in Pakistan to collaborate with NCCPL, setting a new benchmark for commercial bank involvement in the capital markets through digital finance, Margin Trading, and CGT services.
First National Equities Resumes Operations as Trading-Only Broker under EClear from June 2
First National Equities Limited (FNEL) has resumed operations as a trading-only broker under the Centralised Gateway Platform managed by EClear Services Limited, effective June 2, 2025. This strategic move aligns with regulatory measures to enhance risk management and operational efficiency in Pakistan’s capital markets.