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. The Companies Act, 2017 was under review with the SECP. The Press Release, issued on Monday, read that the amendments came about based on the feedback received during […]

In order to facilitate borrowers of non-bank lending companies (NBFCs), the SECP has allowed deferment of repayment of principal and rescheduling of loans, based on the borrowers’ requests. To further facilitate small borrowers and microenterprises, the regulators have advised the non-bank microfinance companies (NBMFCs) to accept such requests made through SMS, emails and phone calls. […]

The SECP has issued guidelines on cyber security framework for the Insurance Sector, providing principles to make the information technology systems of insurance companies and their partners secure and resilient. Cyber risk presents an evolving challenge for the insurance sector due to growing interconnectedness. Insurance companies gather, store, and maintain substantial volumes of confidential personal […]

To enable  Small and Medium Enterprises (SMEs) to secure credit from financial institutions on a national level , The Securities and Exchange Commission of Pakistan (SECP) is all set to launch Secured Transaction Registry (STR) . STR project would facilitate small borrowers specifically from SMEs and agriculture sector to secure credit from financial institutions against […]

  Sibtain Jiwani, Chief Executive Officer at Smartchoice.pk shares his journey with Daily NewsPK and discusses the future initiatives that will be taken by Smartchoice,.pk.  

  Chairman, National Clearing Company of Pakistan Limited (NCCPL), Humayun Bashir shares his point of view on mergers and acquisitions landscape in Pakistan