The government has appointed Dr Kabir Ahmed Sidhu as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. “In exercise of the powers conferred under Section 6 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the Federal Government is pleased to appoint Dr Kabir Ahmed Sidhu, […]
SECP
Capital Market Plan Gains Strong Push
The government moved forward with its new capital market plan on Friday as Finance Minister Muhammad Aurangzeb vowed to build vibrant and inclusive markets. He said strong and modern markets are essential for savings, investment and long-term economic stability. The minister stressed that improving the capital market will support growth and help more people participate […]
SECP registers 14,802 new companies in first four months of FY26
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 14,802 new companies in the first four months of FY26, with nearly all incorporations processed online through the eZfile system. The total paid-up capital of these companies stood at Rs20.59 billion, bringing the total number of registered companies in the country to 272,918. Private […]
SECP unveils new book-building system to modernize capital markets
KARACHI– The Securities and Exchange Commission of Pakistan (SECP) announced on Tuesday that it has approved a new book-building mechanism to modernize the country’s capital markets, promote fair pricing, and enhance transparency in public offerings. Under the revised framework, securities brokers, banks, development finance institutions (DFIs), and mutual funds will be able to participate directly […]
SECP proposes framework to strengthen industry associations
The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. In today’s dynamic regulatory landscape, industry associations are increasingly moving beyond their conventional role as advocacy bodies. Globally, they […]
Finance minister highlights Pakistan crypto council’s role in digital future
Pakistan’s Finance Minister, Muhammad Aurangzeb, emphasized the crucial role of the newly formed Pakistan Crypto Council (PCC) in shaping the nation’s digital future. During the council’s inaugural meeting in Islamabad, Aurangzeb stated that the PCC would serve as a key platform, connecting regulators and industry stakeholders. This collaboration aims to create a responsible and forward-thinking […]
Finance ministry takes charge of crypto rules, excludes science ministry
The Ministry of Finance has taken over Pakistan’s cryptocurrency regulations, pushing the Ministry of Science and Technology aside. The Science Ministry, led by Dr. Khalid Maqbool Siddiqui, had been working on rules for digital assets with help from various government officials. However, the Finance Ministry’s control over financial policies allowed it to step in. Before […]
SECP issues guidelines for Green Bonds issuance
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Friday issued guidelines for the issuance of green bonds in Pakistan. The Guidelines provide an easy and efficient procedure for issuance with a concise offer document/prospectus. All issuers who are eligible to issue debt securities, including Sukuk either by way of a public offer or private […]
SECP warns companies against illegal deposit taking from public
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has clarified that mere registration of a company with SECP did not authorize it to seek deposits from the general public. Deposit taking by companies other than banking companies is illegal in terms of section 84 of the Companies Act 2017, said a press release issued […]
Dollar gains another 34 paisas in interbank
KARACHI: The exchange rate witnessed some fluctuation during the first day of the week on Monday but it remained in favour of the dollar which closed with the 34-paisa gain in the interbank market. The market saw the dollar reaching as high as Rs153.70 in intraday trade at closing 14, compared to Friday’s value of […]