Tag: #SECP
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Why pay tax worth 12 lakhs on a car that already costs 40 lakh?
According to a report by Baaghi TV, a sub-committee of the National Assembly’s Standing Committee on Industry and Production called for an agreement between the government and car manufacturers. The committee also sought a three-year tax record and financial statement from the FBR, while recommending that the SECP conduct a special audit of car manufacturers.…
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President of PAISP not happy with the SECP verdict
Lahore, 10th September: In a CEC meeting of Professional Association of Insurance Surveyors of Pakistan (PAISP) held today, the President Junaid Zaidi stated that Security & Exchange Commission of Pakistan SECP has twisted our verdict in replying to our complaint lodged to Chairman SECP. . The Association is repeatedly demanding that Insurance companies are violating…
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Professional Association of Insurance Surveyors to lodge a complaint to PM Khan
Lahore, 8th September: An urgent meeting of managing committee is called on by Junaid Zaidi President Professional Association of Insurance Surveyors of Pakistan. Earlier the Association notified billions of rupees corruption to the Chairman Security & Exchange Commission of Pakistan but he did not take any action, now the Association has decided to lodge a…
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Jahangir Tareen involved in money laundering case
Lahore, 26th August: PTI leader Jahangir Tareen Khan (JKT) has been found involved in money laundering cases. According to the report of Baaghi TV, senior anchorperson and journalist Mubasher Lucman recently tweeted that the FIA and SECP had tightened the cordon against PTI leader Jahangir Tareen and extended the scope of the investigation to his…
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Ghauri town state land occupation scam: Illegal occupation cases to be opened
ISLAMABAD, August 18 (Online): Decision has been taken to open cases of illegal occupation of state land against Ghouri town pending with FIA, Police, district management, CDA and anti-corruption. This step has been launched soon after the issuance of directives by the Prime Minister (PM) Imran Khan for initiation of operation forthwith against the land…
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Limited Liability Partnership (Amendment) Act, 2020 Discussed
The Limited Liability Partnership (Amendment) Act 2020 has been discussed.
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SECP initiates consultative process to revamp NBFC regime
ISLAMABAD, August 11 (APP): The Securities and Exchange Commission of Pakistan has issued draft of amendments in the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 for public consultation. In order to promote an enabling business environment and provide ease of doing business, the SECP, through these amendments, has proposed introduction of perpetual license for…
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SECP introduces insurance ordinance to facilitate business
An online meeting of Professional Association of Insurance Surveyors of Pakistan (PAISP) was held in respect of Draft Insurance Ordinance (Amendments) Bill 2020 issued by Security Exchange Commission of Pakistan (SECP). The meeting was chaired by Association’s President Junaid Zaidi, who addressing the members informed that in the Draft Bill; SECP has made certain amendments…
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President Alvi approves amendments to companies Act, 2017
President Dr Arif Alvi on Monday approved amendments to the Companies Act, 2017, in order to provide an enabling regulatory framework to facilitate startups in the country. According to a press release, the Securities and Exchange Commission of Pakistan said these amendments were proposed by the commission to help promote and nurture start-ups as well…
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SECP holds workshop on ‘Promotion of Digital Insurance’
ISLAMABAD, Dec 23 (APP): The Securities and Exchange Commission of Pakistan (SECP), on Monday organized a workshop on “Promotion of Digital Insurance – Opportunities, Challenges and Way Forward” to explore opportunities and challenges in the digitization of insurance business. The workshop was aimed at encouraging stakeholders to utilize platform of Regulatory Sandbox for introducing innovation,…