The SECP or Securities and Exchange Commission of Pakistan yesterday, in an announcement, gave more powers and responsibilities to its commissioners and officers from the Compliance and Corporatization Department.
The new powers were delegated as part of the SRO 1092(I)/2016 related to the ‘Powers And Functions The Commision Delegated To Commisioner, Corporatization And Compliance Department (CCD).’
The powers delegated to these officers are:
It is hoped that SECP delegating more responsibilities to its officers will help it do a better job in regulating companies and in solving their issues in Pakistan.
Via Pk Revenue