SECP Unveils 183 Proposed Amendments to Companies Act 2017 to Streamline Corporate Compliance
The Securities and Exchange Commission of Pakistan (SECP) has proposed 183 amendments to the Companies Act 2017, aiming to reduce regulatory burdens, enhance digitalisation, and improve corporate governance in Pakistan.
JS Investments Names Suleman Lalani as Chairman and Iffat Zehra Mankani as CEO, Confirms 2026 Budget
JS Investments Limited appoints Suleman Lalani as Chairman and Iffat Zehra Mankani as CEO for three years, with board approval of 2026 budget, reinforcing leadership in asset management.
NIBAF Pakistan Conducts Governance and Regulatory Session for Exchange Business Board Members
NIBAF Pakistan organized a specialized learning session on board responsibilities and the regulatory environment of exchange businesses, led by former SBP Executive Director Syed Irfan Ali.
ICMA Pakistan Announces New President and Office Bearers for 2024–2026 Term
ICMA Pakistan has announced the appointment of Azeem Hussain Siddiqui as President along with newly elected office bearers following the successful completion of its constitutional election process.
SECP Introduces RI Framework with Continuous Learning and Digital Verification Portal
The SECP unveils a proposed framework for Registered Intermediaries, introducing continuous learning, mandatory training, and expanded digital access via its Financial Institutions Portal to strengthen compliance and governance.
SECP Amends Companies Regulations to Strengthen Minority Shareholder Protection
SECP has amended the Companies (Further Issue of Shares) Regulations, 2020 to regulate shares with differential rights, enhance transparency, and strengthen corporate governance.
Allied Bank Appoints Shahid Saleem as Divisional Head for Risk Review Department
Shahid Saleem joins Allied Bank Limited as Divisional Head of Risk Review, bringing extensive expertise in banking operations, compliance, and risk management to strengthen the bank’s governance and internal controls.
JS Group Vindicated as Karachi Court Rejects Legal Claims
A Karachi court has dismissed a legal suit against Jahangir Siddiqui & Co. Ltd., citing lack of legal standing and evidence, effectively clearing the company of all allegations.
SECP Faces Backlash Over Rs. 7 Million Islamabad Club Membership for Outgoing Commissioner
The Securities and Exchange Commission of Pakistan is under scrutiny after approving a Rs. 7 million payment for the lifetime Islamabad Club membership of outgoing Commissioner Abdul Rehman Warraich, sparking criticism over public fund use and perks for senior officials.
Zehra Khalikdina Appointed Chief Ethics & Compliance Officer at Mobilink Microfinance Bank
Mobilink Microfinance Bank (MMBL) has appointed Zehra Khalikdina as its new Chief Ethics & Compliance Officer. With her wealth of experience in compliance and ethical leadership, Khalikdina is set to enhance the bank’s commitment to transparency and responsible banking.