SECP Creates Corporate Intelligence Unit to Detect Illegal Investment Schemes
The Securities and Exchange Commission of Pakistan has approved a Corporate Intelligence Unit to identify companies suspected of Ponzi schemes, illegal deposit-taking, unlicensed lending and unauthorised business activities.
NGLE to List on Pakistan Stock Exchange on October 26 After LHC Approves Merger
The Lahore High Court has approved the merger of LSE SPAC-I with Ningbo Green Light Energy, paving the way for a proposed October 26 PSX listing with 204.85 million shares.
SECP Launches Targeted Financial Sanctions Guidebook for Regulated Entities
The Securities and Exchange Commission of Pakistan has issued a guidebook on targeted financial sanctions to help regulated entities strengthen compliance and prevent terrorist financing and other illicit financial activity.
SECP to Launch Passive Equity Sub-Fund Under Voluntary Pension Scheme in 2027
SECP will require pension fund managers to offer passive equity sub-funds under Pakistan’s Voluntary Pension Scheme from January 2027, with ETF-based fees capped at 0.75%.
SECP Sets October 28 Deadline for AGM, Annual Return and UBO Filings
SECP has advised companies with financial years ending June 30, 2026 to hold AGMs by October 28 and complete annual return and UBO compliance requirements.
SECP Sets October 28, 2026 AGM Deadline for June Year-End Companies
SECP has directed companies with June 30, 2026 year-ends to hold AGMs by October 28 and complete annual regulatory filings within 120 days.
SECP Pushes Affordable Microinsurance for Farmers, SMEs and Underserved Communities
SECP officials and insurance experts have called for affordable, simple and accessible insurance products to improve financial protection for farmers, SMEs and low-income communities.
SECP Proposes New Accreditation Framework for Official Liquidators and Insolvency Experts
SECP has proposed a structured accreditation framework for official liquidators and insolvency experts, including mandatory certification, examinations and annual professional development.
SECP Proposes Accreditation Framework for Insolvency Professionals in Pakistan
SECP has proposed a new accreditation framework for official liquidators, provisional managers and insolvency experts to improve corporate liquidation and rehabilitation proceedings.
Askari General Insurance Appoints New Chairman After 51% Stake Transfer to Fauji Foundation
Askari General Insurance appoints Lt Gen Anwar Ali Hyder as chairman after Fauji Foundation receives a 51% stake transferred from Army Welfare Trust.