SECP board approves several amendments

The board reviewed the implementation status of the decisions given by it over the last three meetings


APP March 06, 2019
The board reviewed the implementation status of the decisions given by it over the last three meetings. PHOTO: FILE

ISLAMABAD: On recommendation of the Regulations Committee, the Policy Board of Securities and Exchange Commission of Pakistan (SECP) gave approval to several proposed amendments in the SECP Act, 1997, Public Sector Companies (Corporate Governance) Rules, 2013, NCCPL Regulations as well as the Pakistan Stock Exchange (PSX) Rules Book.  The board met here under the Chairmanship of Khalid Mirza. It also gave its approval for other matters recommended by the regulations committee, stated a press release.  The board reviewed the implementation status of the decisions given by it over the last three meetings which included a substantial reduction in fees and removal of annual renewal of intermediary licenses for ‘ease of doing business’.  

Published in The Express Tribune, March 6th, 2019.

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