SECP specifies Bahrain’s credit rating agency for joint venture

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has specified Islamic International Rating Agency, Bahrain for the purpose of entering into joint venture with a credit rating company in Pakistan.

 

 

The SECP issued SRO 1404(I)/2018, stating that the commission had specified the Islamic International Rating Agency, Bahrain, as internationally recognized foreign rating institution for the purpose of entering into joint venture or technical collaboration arrangement with a credit rating company in Pakistan.

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