In a meeting with PSX Stockbrokers Association on Monday, Finance Minister Asad Umar and Minister of State for Revenue, Hammad… Read More
PSX Removes WorldCall Telecom From Defaulters’ List
The management of Pakistan Stock Exchange (PSX) has removed WorldCall Telecom from the defaulters’ list after the telecom company clarified… Read More
SECP Wants Insurance Sector to Do Their Due Diligence
The SECP has proposed to issue directions to the insurance sector that more information needs to be provided about sponsors,… Read More
SECP Registers 1,070 New Companies in September
The Securities and Exchange Commission of Pakistan (SECP) had registered 1,070 new companies during the month of September as compared… Read More
SBP Hikes Interest Rates for the 4th Time in 2018
State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points, the fourth raise so far in… Read More
Car Sales Drop by 30% in 3 Months Due to Purchase Ban on Non-Filers
New car bookings have declined by 30% during the same period last year ever since the previous government imposed a… Read More
SECP Starts Work on Regulatory Framework for Fintech in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has constituted a working group to propose regulatory framework for the development… Read More
Non-Filers Face Ban on Buying Cars and Properties Over Rs 5 Million
The condition of being an income tax return filer shall not apply to persons purchasing locally manufactured motorcycles, rickshaws and… Read More
Third Tier Taxation Helped Overcome the Decline in Tobacco Revenues: FBR
At the second meeting of Special Senate committee on tobacco tax revenues, the Federal Bureau of Revenue (FBR) has shared… Read More
PSX Allows Foreign Investors to Buy Shares in the Stock Exchange
Pakistan Stock Exchange (PSX), on Tuesday, removed restrictions on foreign investors for the purchase of shares listed on PSX. Considering… Read More
SECP Launches Facilitation Center in Gwadar for Businesses
The Securities and Exchange Commission of Pakistan (SECP) has opened a fully equipped and state-of-the-art facilitation center in Gwadar for… Read More
SECP Issues Anti-Money Laundering Guidelines for NPOs
The SECP has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) Guidelines for Non-Profit Organizations (NPOs). These Guidelines have been… Read More
PSX Orders Securities Brokers to Submit Details of Politically Exposed Persons
In order to boost efforts against money laundering, Securities Brokers have been asked to submit details regarding ‘Politically Exposed Persons’… Read More
SECP Orders Companies to List their Real Owners
The SECP has intensified its efforts to combat terror financing and money laundering. On the directive of Chairman Shaukat Hussain,… Read More
SECP Approves Stricter Rules for Securities Brokers’ New Offices
The Securities and Exchange Commission of Pakistan (SECP) has approved crucial amendments to the Pakistan Stock Exchange Limited (PSX) regulations… Read More
