SECP taking action against criminals involved in stock market manipulation
The Securities and Exchange Commission of Pakistan (SECP) has filed four criminal complaints against individuals involved in manipulating stock prices, including sponsors and brokerage house management. The Court has admitted all four complaints filed by SECP against the accused individuals.
Adil Aziz
SECP registered 2,651 new companies in Jan 2024
The Securities and Exchange Commission of Pakistan (SECP) has registered 2,651 new companies in January 2024, showing an increase of 10 percent compared to the corresponding period last year.
Editor
SECP continues crack down against illegal personal loan apps
The Securities and Exchange Commission of Pakistan (SECP) is constantly monitoring social media and websites for illegal personal loan Apps (illegal apps) in order to safeguard the public from illicit loan sharks.
SECP prescribes fit, proper criteria for key corporate executives
The Securities and Exchange Commission of Pakistan (SECP) has prescribed fit and proper criteria for key executives of corporate restructuring Companies.
SECP issues Islamic finance bulletin for 2022-23
The Securities and Exchange Commission of Pakistan has issued its first ‘Islamic Finance Bulletin’ for the financial year 2022-23, aimed at providing up-to-date data, insights into new developments, and a deeper understanding of regulatory reforms in the Islamic financial services industry.
SECP proposes anti-harassment measures for listed companies
In a bid to promote safety and respect in the workplace, the Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to the Listed Companies (Code of Corporate Governance) Regulations, 2019 for public consultation.
Public Sector Insurance Companies in Pakistan: A Tale of Resilience and Growth
Dr. Ejaz informed the meeting that Pakistan’s public-sector insurance companies, namely, State Life Insurance Company, National Insurance Company and Pakistan Reinsurance Company, have been an engine of growth for the performance of insurance industry in Pakistan.
SECP registers 2,095 companies in December
The Securities and Exchange Commission of Pakistan registered some 2,095 new companies in December 2023, bringing the total number to 209,604. The total capitalization for the newly incorporated companies is Rs 2.6 billion. Around 57% of Pakistani companies are private limited companies, with 41% being single member companies. The remaining 2% are public unlisted companies,…
Mehfooz
SECP organizes financial reporting workshop on capital markets
The Securities and Exchange Commission of Pakistan hosted a financial reporting workshop for journalists to elaborate on various factors and elements that can impact performance and cause volatility in the equities market.
SECP warns public against illegal investment schemes of Prime Zone
The Securities and Exchange Commission of Pakistan has observed that M/s Prime Zone and its owner, Mr. Imran Butt, are involved in offering illegal deposit and investment schemes to the public by promising unrealistic monthly returns in the name of LPG trading.