Karachi Hosts SECP’s 2024 Startup Summit
Securities and Exchange Commission of Pakistan held a press briefing at its Head Office in Islamabad on the upcoming Pakistan Start-up Summit. The event, scheduled for November 11 and 12 in Karachi, is a transformative platform for Pakistan’s entrepreneurial ecosystem. The technology has changed the way business is done.
Editor
SECP Warns Public About Rise in Fraudulent Trading Platforms
The Securities and Exchange Commission of Pakistan warns the public regarding a surge in fraudulent investment schemes being promoted on social media platforms, including Facebook, Instagram, and WhatsApp.
Mehfooz
SECP Partners with Punjab and Sindh to Advance “Insured Pakistan” Initiative
After Balochistan and KPK, the Securities and Exchange Commission of Pakistan (SECP), as part of its five-years strategic plan – Journey to an Insured Pakistan, concluded first round of its provincial outreach in Punjab and Sindh.
SECP Crack Down on Illegal “SMARTPAYS” Investment Scheme
The Securities and Exchange Commission of Pakistan has identified an illegal investment/deposit-taking platform operating under the name “SMARTPAYS”.
Provincial Governments join SECP in expanding ‘Insured Pakistan’ initiative
The Securities and Exchange Commission of Pakistan continues taking steps to fulfil the vision of insured Pakistan. In this regard, Commissioner Insurance SECP, Aamir Khan held a series of meetings with provincial authorities to discuss steps aimed towards realization of the vision.
Adil Aziz
SECP proposes increase in Paid-up Capital for Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has proposed to increase the minimum paid-up capital requirement for insurance companies as part of its “Insured Pakistan” initiative. The move aims to strengthen the insurance industry and as a result, provide better protection for policyholders.
World Investor Week 2024 Marked at PSX with a Gong Ceremony
Pakistan Stock Exchange (PSX), under the aegis of World Federation of Exchanges (WFE), of which PSX is an Affiliate Exchange, in partnership with International Organization of Securities Commission (IOSCO), marked World Investor Week (WIW) 2024 through a gong ceremony held at PSX Trading Hall. The WIW with the theme of ‘Ring the Bell for Financial Literacy’ is being held from October 7 – 13, 2024. This is the fourth consecutive year that PSX is holding and organizing the World Investor Week.
International Partners & POSA organized Conference on the Insurance landscape of Pakistan
The Pakistan Society of Actuaries (PSOA) organized the Conference on “Insurance Landscape of Tomorrow” in collaboration with international actuarial professional organizations. The Institute and Faculty of Actuaries (UK), Society of Actuaries (US) and Casualty Actuarial Society (US) partnered with the PSoA for organizing the Conference. The President-elect of Institute & Faculty of Actuaries UK, Mr. Paul Sweeting, attended the conference in-person while President-elect of SoA joined virtually.
NADRA-SECP Sign MoU to Promote Mutual Cooperation
National Data Base and Registration Authority (NADRA) and the Securities and Exchange Commission of Pakistan (SECP) signed a Memorandum of Understanding (MoU) to formalize mechanism for information sharing and cooperation between the two institutions.
SECP extends Companies Regularization Scheme
The Securities and Exchange Commission of Pakistan (SECP) has to extend the Companies Regularization Scheme by one month.