The newly constituted board of the Pakistan Stock Exchange (PSX) has held its first meeting on Thursday. Twenty names were… Read More
Pakistan’s New Shariah Regulations for Islamic Banks Are Credit Positive: Moody’s
Moody’s has reported that the adoption of new Shariah standards will help widen the issuer base and increase the availability… Read More
KASB-BankIslami Merger Verdict: SBP Ordered to Issue Fresh Notices to Shareholders
Sindh High Court has announced its verdict in the KASB vs SBP case. The Court has disposed of the petitions,… Read More
SECP Registers 1,125 New Companies in March 2017
The Securities and Exchange Commission of Pakistan (SECP), in March, registered 1,125 new companies, raising the number of registered companies… Read More
Moody’s Appreciates SBP’s Move to Ban Cryptocurrencies in Pakistan
Moody’s, in a recent research report, stated that State Bank of Pakistan (SBP) prohibits banks from dealing in virtual currencies,… Read More
FBR Audit Policy 2017: Pakistan’s Salaried Class Exempted From Tax Audit
FBR has picked around 45,000 cases for audit exempting salaried class from the selection.… Read More
International Organization of Securities Commissions Improves Pakistan’s Compliance Rating to 83%
The International Organization of Securities Commissions (IOSCO) has enhanced Pakistan’s compliance level with the IOSCO principles to 83%, which represents… Read More
Bank Islami and KASB Bank Merger Cost Rs. 3.5 Billion Loss to Pakistan: AGP Report
Auditor General of Pakistan (AGP) office has once again raised concerns about the shady deal between Bank Islami and KASB… Read More
CCP Asks FBR to Amend RFP Regulations to Increase Investment by Cigarette Companies
Pakistan’s demand for cigarette consumption is among the highest in the world. The size of the Pakistani market is a… Read More
FBR & NTC Sign MoU to Integrate Automated Customs Clearance with Other Authorities
Federal Board of Revenue (FBR) and National Tariff Commission (NTC) have signed a memorandum of understanding (MoU) for the electronic… Read More
SECP Notifies New Draft Regulations on Selection of Independent Company Directors
The Securities and Exchange Commission of Pakistan (SECP) has notified draft regulations regarding the manner and selection of independent directors… Read More
SBP Wants Banks to Properly Monitor Finances of IT Companies
State Bank of Pakistan (SBP) has directed all commercial banks and money transfer agencies to monitor remittances and authenticate the… Read More
