SECP SRO 9 of 2023 UDIN Amendments in Auditors (Reporting Obligations) Regulations, 2018
SECP SRO 9 of 2023 UDIN Amendments in Auditors (Reporting Obligations) Regulations, 2018 In exercise of powers conferred by section 512 of the Companies Act, 2017 (XIX of 2017), the Securities and Exchange Commission of Pakistan is pleased to make the following amendments to the Auditors (Reporting Obligations) Regulations, 2018, the same having been previously […]
SECP SRO 1870 of 2023 Recognition of China Chengxin International Credit Rating Company Limited
SECP SRO 1870 of 2023 Recognition of China Chengxin In exercise of the powers conferred under section 40B of the Securities and Exchange Commission of Pakistan Act, 1997 (Act no XLII of 1997) read with clause (g) of regulation 4 of the Credit Rating Companies Regulations, 2016, the Securities and Exchange Commission of Pakistan is […]
SBP Adopts ‘VPN Technology’ for DAP Connectivity
The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual Private Network (VPN) technology’ for Data Acquisition Portal (DAP) connectivity aimed at further strengthening the system’s security. The SBP had launched the Data Acquisition Portal (DAP) in 2011 to centralize data reporting from its regulated financial institutions. Over […]
NEPRA to examine Electrification Schemes under SDG’s
National Electric Power Regulatory Authority (Nepra) is to review proposed electrification/rehabilitation schemes including their economic viability under Sustainable Development Goals (SDGs). Planning Division’s Energy Wing in its comments on “provision of electricity of 59 schemes in various Union Councils (UCs) of Tehsil Gujar Khan Rawalpindi NA-58 under SDGs” noted that it is at a cost […]
SECP’s Notification of Zero Tolerance for Surrogate Companies
The Ministry of Information and Broadcasting through its letter number M/o I&B U.O No. 1(1)/2023/press/Misc., titled as “Zero Tolerance for Surrogate Companies”, dated September 25, 2023 has informed that some betting outfits labelled as Surrogate companies have entered the Pakistani market by entering into sponsorship and advertisement contracts with a number of media and sport […]
