SECP extends time for feedback on draft code of governance law

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has extended time for providing comments on draft Listed Companies (Code of Corporate Governance), 2017 to September 30, 2017.
The draft regulations were issue on August 31, 2017 for public opinion within 14 days. In view of numerous requests by stakeholders seeking additional time for deliberation, the SECP has extended the deadline for providing comments.
Further, for purpose of facilitation, stakeholders are encouraged to provide their comments through dedicated email of the SECP.
The SECP said that the regulations had been aimed at strengthening governance practices, enhanced disclosure to markets participants and protection of the rights of all investors, particularly minority shareholders.

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