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Dost Steels notifies expansion plans
Announcement comes after company denies knowing reason for share price increase
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Mutual funds: SECP approves simplified rules for distributors
Individual with matriculation, simple IFMP certification can work as distributor
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SECP encourages listing of quality companies on PSX
Firms with good track record can generate resources through capital markets
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Regulation: SECP approves draft insurance bill
Proposed reforms were shared with stakeholders in the form of concept paper
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Companies can now be registered with SECP in a day
Regulator is looking to promote corporatisation and encourage startups
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Defying SECP order: Veil of secrecy over State Life’s unclaimed policies
The insurer has failed to publish details despite regulator’s directive
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SECP registers 621 new companies in Nov
It shows increase of 23% as compared to corresponding period of last year
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Pakistan ‘prioritising Chinese consortium’ in PSX stake sale
Consortium wants more than just 40%, seeks some assurances as well
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SECP says ‘looking into’ Lucky Cement’s recent announcement of joint venture with KIA
Matter pertains to company’s stock exchange notice of joint venture with Kia Motors
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Agricultural commodities: SECP frames rules for electronic trading
These will allow farmers for get fair prices of their produce
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Govt removes three nominees from board of Pak Datacom Limited
Nominees include chief executive; action taken after nominated members gave 3-year extension to company chief
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Companies Ordinance: SECP institutes various reforms
Company Law to create awareness of the revised provisions
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Listed companies: SECP asks for reasons behind surge in stock prices
Law requires firms facing unusual trading to disclose developments, if any
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Pak Datacom struggles as profit goes down
Earnings plunged to Rs37.1m in FY16 compared to Rs96.1m in FY13
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SECP takes action against two modarabas
The modaraba was directed to reimburse the expenses erroneously
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Govt enforces new corporate regime through ordinance
Goes against earlier commitment to table bill in parliament
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Securities And Futures Advisers: SECP drafts regulations
SECP has drafted the Securities and Futures Advisers (Licensing and Operations) Regulations, 2016
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Debt securities: SECP approves draft trustee regulations
Seeks public comments for review by Nov 22
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Companies Bill 2016: Foreign firms may be bound to disclose beneficial owners
SECP chief voices hope bill will be tabled in parliament for approval by year-end
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Pakistan Mercantile Exchange: Futures contract of paddy rice to be listed
SECP gives approval, says interests of participants would be protected
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Debt and equity securities: SECP approves framework for public offering
Says it has reduced number of regulations to ensure ease of doing business
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September: SECP registers 481 new companies
The service sector took the lead with the incorporation of 80 companies
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SECP grants first licence for private equity fund
It will help raise funds from high net-worth investors
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For due diligence: Gas utilities directed to appoint financial adviser
Government aiming to separate transmission, distribution businesses to bring efficiency and reduce losses
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Passco: Audit finds evidence of irregular investments
Over Rs1.2 billion parked without inviting competitive bids
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SECP: 22 show-cause proceedings initiated
These violations, among others, comprise failure to comply with legal provisions
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Global Competitiveness Report: SECP accused of trying to coerce WEF partner
Mishal Pakistan says regulator was unhappy with decline in rating; SECP denies charge
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Question hour in NA: Govt defends offshore investment
The SECP had initiated correspondence with Pakistani companies that have entered into transactions with companies
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NA panel: INGOs draw renewed calls for strict curbs
Lawmakers point out lack of notable development where these INGOs carry out welfare work
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Going higher: SECP registers 613 companies in August
The growing trend in company incorporation is the direct result of numerous facilitation measures taken by the SECP
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Facilitation: SECP issues investor guides in six languages
Its objective is to encourage potential foreign investors
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Govt to enforce new companies law soon
Waiting for private sector input to make changes to the draft
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Dialogue on micro-insurance: Conference aims to create awareness
Conference aimed at seeking stakeholders’ suggestions to promote sector, protect consumers
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Pak-Turk schools: Court summons interior joint secretary
The government was supposed to submit a reply on Monday but it simply requested the court to grant more time
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Corporate Governance Rules: SECP issues amendments draft
The SECP issued these rules in 2013 with the federal government’s approval
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Corporate corner: State Life gets window Takaful licence
This rating is an endorsement of State Life’s outstanding financial stability and commitment to its obligations
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Non-listed companies: SECP approves principles of corporate governance
Aim is to make business environment trustworthy and transparent
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PSX divestment: Local, foreign buyers keen on acquiring equity stake
Overwhelming feedback received from investors in response to invitation for EOIs
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Assessment system: Discrepancies in NTS accounts detected
After finding irregularities in annual audit, SECP ordered inspection of all the records
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SECP launches new bilingual website
Is meant to provide quick, robust info, facilitate citizens
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Capital market: SECP approves Clearing Houses Regulations 2016
Implementation will lead to efficient clearing and settlement services
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New framework: SECP notifies share buy-back regulations
Allows listed firms to either cancel or retain purchased shares
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Companies Bill 2016: SECP clarifies stance on regulating real estate
Says provision restricted to companies that run real estate as principal business
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Disagreement: ABAD ready for brawl if SECP’s new law prevails
Says proposed bill demands hiring of independent entities
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Auditor General recovers Rs56b from govt departments
Challenges to the Supreme Audit Institution highlighted
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Corporate regulations: SECP imposes supervisory fee
The SECP continuously monitors the affairs of listed companies
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Mutual funds: AMCs asked to disclose total expense ratio
This will allow investors to make informed decisions
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Changes in law to ensure SECP’s independence
Oversight board will be set up for monitoring audit of companies
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Protecting Small Investors: SECP abolishes upfront commission
SECP has barred the industry from charging investors who make an investment online or directly visit the sales offices
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SECP denies brokers giving up trading rights due to strict rules
Says 12 TRE certificate holders out of 380 surrendered rights for being mostly inactive