SECP Secretarial & Corporate Support

14/04/2021

SECP launches digital certified true copies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in its pursuit of end-to-end digitisation of regulatory processes, has launched the online facility for issuance of digitally certified true copies of statutory returns and mortgage register. The new initiative is in line with the...

10/03/2021

SECP makes legal, structural reforms for transparent capital market. Framework has been introduced involving categorization of securities brokers according to their financial resources and governance standards.

ISLAMABAD   -  Securities and Exchange Commission of Pakistan (SECP) has made significant capital market reforms featuring legal, structural,

01/03/2021

‘Margin trading and deliverable contracts were typical instruments of pump-and-dump’

23/02/2021

SECP proposed reducing time period for payment of cash dividend to shareholders of listed companies from the existing 15 days to 03 days.

SECP has earlier issued Companies (Distribution of Dividends) Regulations, 2017 on 6 November 2017. According to Section 3 of these regulations, the chief executive officer of every company is responsible to make the payment of cash dividend within a period of 15 working days from the date of its declaration.

SECP now believe this period of 15 days needs to be reduced to 3 working days, as the proposed time period of three-working days is sufficient for transfer of cash dividend from a company’s bank account to registered shareholders’ bank account.

The SECP has issued draft amendments to Companies (Distribution of Dividends) Regulations, 2017 to solicit public comments.

20/02/2021

SECP incorporates Fauji Fertilizer’s technical services provider

“After completing the legal formalities a wholly owned subsidiary with the name of OLIVE Technical Services (Private) Limited has been incorporated and registered with Securities and Exchange Commission of Pakistan (SECP),” informed FFC on Friday.

17/02/2021

15/02/2021

Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood on Monday stated that the registration of companies in Pakistan has increased as a result of the reforms in the past years and subsequent improvement of the country’s Ease of Doing Business (EODB) ranking. In a series of tweets, ...