SECP Shuts Down United Insurance’s Guarantee Business Over Rs2.2B Non-Encashment
The Securities and Exchange Commission of Pakistan has ceased the guarantee business of The United Insurance Company of Pakistan Limited through direction issued on May 20, 2025, under section 60 of the Insurance Ordinance, 2000.
Mehfooz
SECP Sets New Standards: Industry Associations to Lead Self-Regulation
The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation.
SECP Rolls Out Compliance Guidelines to Improve REIT Sector Operations
The Securities and Exchange Commission of Pakistan (SECP) has issued Compliance checklists for REIT Management Companies and Section 42 Companies and introduces enhanced grievance redressal mechanisms for stakeholder facilitation.
Editor
InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing through Capital Markets
nfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group (PIDG) hosted a seminar titled “Green Financing via Debt Capital Markets” in Islamabad.
SECP Insurance Commissioner Leads Key Implementation Meeting on Insurance
Mujtaba Ahmad Lodhi, Commissioner Insurance of the Securities and Exchange Commission of Pakistan (SECP), along with officials from the Insurance Division and senior representatives of the insurance industry, attended a meeting chaired by Mukesh Kumar Chawla, Minister for Excise, Taxation, and Narcotics Control, Government of Sindh.
SECP Releases Comprehensive FAQs on Private Fund Regulations
The Securities and Exchange Commission of Pakistan (SECP) has issued a set of Frequently Asked Questions (FAQs) regarding the Private Fund Sector.
Adil Aziz
SECP Proposes Reforms to Expedite Issuance of Bonus and Right Shares
The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public feedback on proposed amendments to the existing regulatory framework governing the issuance of bonus and right shares. These proposed reforms are aimed at significantly reducing the time taken between the announcement of such corporate actions and the actual crediting of bonus or right shares to shareholders’ accounts.
SECP Strengthens Investor Confidence with New Fund Manager Disclosure Standards
The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements for Fund Manager Reports (FMRs) by Asset Management Companies (AMCs).
SECP Empowers Life Insurance Savings with Tech-Driven Distribution Channels
The Securities and Exchange Commission of Pakistan (SECP) has issued the Directive for the Sale of Life Insurance Savings Products through Technology-Based Distribution Channels, 2025, aimed at fostering a flexible and enabling environment for the digital distribution of life insurance savings products.
Finance minister for promoting innovation in insurance sector
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, stressed the need of adopting digital technology and promoting innovation in the insurance sector to cater the needs of the growing population of the country.