Tag Archives: SECP

SECP issues instructions to listed companies for efiling financial statements

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has directed all listed companies to submit their annual and quarterly financial statements through commission’s eServices.

SECP notifies draft regulations for companies compliance, reporting

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued draft regulations which specify the form and manner of filing of various statutory returns as required under the provisions of the Companies Act, 2017, as well as the standardized formats for filing of applications under the various provisions of the Act.

SECP issues draft regulations on distribution of dividends

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ISLAMABAD: In order to provide regulatory framework for distribution of dividends, the draft regulations provides for time period and manner of payment of dividends by both listed and unlisted companies.

SECP allows companies to prepare financial statements as per repealed companies ordinance

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has allowed companies – whose financial year close on or before December 31, 2017 – to prepare financial statement in accordance with repealed Companies Ordinance, 1984.

SECP approves US equity index futures contracts

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), having notified the ‘International Equity Index’ as a financial instrument for the purposes of Futures Market Act, 2016, has accorded approval for trading of US equity index futures contracts through the platform of PMEX.

SECP warns brokers of penal action against unauthorized deposits

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has warned brokers of penal action in case of involvement in unauthorized deposits.

Non-filer of tax return not to qualify for Sharia advisory: SECP

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ISLAMABAD: A non-filer of income tax return will not be eligible to become a Sharia advisor or a director or a partner of a Sharia advisor.

SECP extends time for feedback on draft code of governance law

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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.

Six companies apply for de-registration

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Thursday said that six companies have applied for striking off name from the register of the companies.

SECP defers notification of Whistleblowing Regulations

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has deferred notification of Whistleblowing Regulations, 2017, the regulator said in a statement on Thursday.