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New startup portal aims to encourage tech innovation in Pakistan

It has been launched by the SECP

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November 5, 2019

 

SECP notifies rules for rehabilitation of sick companies

Commission calls it a revolutionary step

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November 2, 2019

 

Don’t invest in FS Links: SECP

Commission says the company is trying to ‘trap innocent people’

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October 30, 2019

 

SECP revokes licenses of 22 not-for-profit companies over non-compliance

They failed to provide financial details

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October 2, 2019

 

Govt appoints Aamir Khan as SECP chairman

He has been appointed for a period of three years

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August 9, 2019

 

Don’t invest in Galaxy Typing Jobs, warns SECP

The company takes unauthorised deposits

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July 11, 2019

 

IT, tourism among Pakistan’s top five sectors as SECP registers 1,290 new companies

Islamabad attracts the highest number of new companies followed by Lahore and Karachi

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March 6, 2019

 

Don’t invest in the fake ‘Fine Sarmayakari Company’, warns the SECP

The company has been trying to trap citizens through social media to invest in fake schemes

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January 9, 2019

 

IT, tourism Pakistan’s top sectors as SECP registers 1,130 new companies

43% more companies registered this December

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January 2, 2019

 

Government to introduce new law to curb corruption

The minister says all the political parties should endorse the law

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October 26, 2018

 

SECP chairperson removed from post

Shaukat Hussain Abbasi was given three promotions in four months

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October 3, 2018

 

NACTA and SECP are going to work together to end terror financing

NACTA and SECP have signed a memorandum of agreement which aims to curb the financing of terrorist activities in the country.

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July 24, 2018

 

Pakistan regulator to adopt 7 new Islamic finance standards

ISLAMABAD: Pakistan’s capital market regulator will introduce seven new standards covering a variety of Islamic finance transactions, as it fast-tracks the adoption of rules to help streamline industry practices. The Securities and Exchange Commission of Pakistan (SECP) said it had opened a two-week public consultation period for the standards, which are to be issued by…

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April 11, 2018

 

SECP prohibits companies from donating cash to JuD, LeT, others

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has placed a ban on giving donations to all banned outfits listed in the list of United Nations. “The SECP hereby prohibits all companies from donating cash to the entities and individuals listed under the United Nation Security Council (UNSC) sanctions committee’s list,” said a notification…

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January 1, 2018

 

SECP notifies Shariah Standards No 17, 18 and 23 of AAOIFI

ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP) Wednesday notified for public consultation three Shariah Standards of Accounting and Auditing Organizations for Islamic Financial Institutions (AAOIFI); Shariah Standard No 17 – Investment Sukuk, Shariah Standard No 18- Possession (Qabd) and Shariah Standard No 23 – Agency and the Act of an un-commissioned agent (Fodooli)….

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November 29, 2017

 

Freeze shares of Nawaz’s sons in six companies, orders accountability court

ISLAMABAD: The accountability court on Tuesday ordered that shares of former PM nawaz Sharif’s sons, Hassan Nawaz and Hussain Nawaz, in six companies be frozen. Hearing a case against the two, the court on Tuesday ordered Securities & Exchange Commission of Pakistan (SECP) to freeze the shares of Hassan and Hussain in six companies. On…

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October 31, 2017

 

HBL to face penalty worth over Rs66 billion for its operations in New York

NEWS DESK: Habib Bank Ltd (HBL) is likely to face civil monetary penalty of up to Rs67 billion as the US financial regulator has issued the bank notices for its operation in New York. According to a letter written by the bank to Pakistan Stock Exchange (PSX) to intimate its members, HBL announced shutting down…

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August 28, 2017

 

Noose being tightened around Ishaq Dar, family

ISLAMABAD: National Accountability Bureau (NAB) decided to tighten the noose around Federal Finance Minister Ishaq Dar after Supreme Court’s Panama case bench ordered it to file corruption references against Nawaz Sharif, Ishaq Dar and their families. The country’s watchdog also decided to include in the investigations Asma Dar, who is former Prime Minister Nawaz Sharif’s…

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August 18, 2017

 

Court grants Zafar Hijazi bail in record tampering case

ISLAMABAD: The Special Judge Central approved Zafar Hijazi’s bail in the Chaudhry Sugar Mills record tampering case on Tuesday which means that the suspended SECP chairman will most probably be released today (Tuesday).  According to details, the bail request of Zafar Hijazi was approved during a hearing of the Chaudhry Sugar Mills record tampering case….

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August 8, 2017

 

Zafar Hijazi’s remand extended till Saturday

ISLAMABAD: Zafar Hijazi, the former chairman of Securities and Exchange Commission of Pakistan (SECP), was handed over to Federal Investigation Agency (FIA) for three more days on physical remand, Samaa reported Wednesday. According our correspondent, the former SECP chief was produced by FIA before Senior Civil Judge at end of his four-day remand in record…

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July 26, 2017

 

Govt decides to cancel visa of foreigners linked with ARK Infotech

ISLAMABAD: The government has decided to cancel visas of all foreigners, who are linked with A.R.K Infotech, and deport them. The decision was taken by Interior Minister Chaudhry Nisar Ali Khan after reviewing the JIT report on abduction of Chinese nationals from Quetta. He also decided to immediately cancel registration of such companies. The Interior…

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July 26, 2017