SECP presents 'Pakistan StartUp Summit 2024.' Details coming soon. #StartupSummit24 #Startups #SECP #SaveTheDate #BridgingIdeas
SECP
Government Administration
A regulator established with the objective of developing an efficient corporate sector, insurance, NBFC & capital market
About us
The Securities and Exchange Commission of Pakistan (SECP) was set up in pursuance of the Securities and Exchange Commission of Pakistan Act, 1997. This Act institutionalized certain policy decisions relating to the constitution and structure, powers, and functions of the SECP, thereby giving it administrative authority and financial independence in carrying out its regulatory and statutory responsibilities. The SECP became operational in January 1999 and has come a long way since then. It was initially concerned with the regulation of corporate sector and capital market. Over time, its mandate has expanded to include supervision and regulation of insurance companies, non-banking finance companies and private pensions. The SECP has also been entrusted with oversight of various external service providers to the corporate and financial sectors, including chartered accountants, credit rating agencies, corporate secretaries, brokers, surveyors etc. The challenge for the SECP has amplified manifold with its increased mandate.
- Website
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http://www.secp.gov.pk
External link for SECP
- Industry
- Government Administration
- Company size
- 501-1,000 employees
- Headquarters
- Islamabad
- Type
- Government Agency
- Founded
- 1999
- Specialties
- Regulator, Registration, and Compliance
Locations
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Primary
63 - Jinnah Avenue F 7/4
Blue Area
Islamabad, ., PK
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State Life Building No. 2
Off. I.I Chundrigar Road,
Karachi, US
Employees at SECP
Updates
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Last week, SECP conducted a consultation session in Lahore to discuss potential areas for improvement in the Real Estate Investment Trust Regulations, 2022. The consultative session was chaired by Chairman SECP. He emphasized the critical role of the REIT sector in formalizing the economy and offering a viable asset class for capital market investors. The consultation has generated important insights for the development of draft amendments, which will be released shortly for public comments. Representatives from Lahore based REIT Management Companies (RMCs) and Trustees participated in the session and provided their valuable suggestions.
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SECP reposted this
We are honored to announce that Mr. Akif Saeed , Chairman of the Securities and Exchange Commission of Pakistan (SECP ), will join us as a Keynote Speaker for World Islamic Finance Forum (WIFF) 2024. to attend WIFF 2024, register here: https://lnkd.in/dMY8zwyE #IBAKarachi #IBACEIF #Islamic #banking #islamicfinance #wiff #wiff2024 #sustainability #innovation #islamicclimatefinance #sukuk
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The Economic Wing of Pakistan’s Embassy in Beijing, in partnership with Securities and Exchange Commission of Pakistan, hosted the "Pakistan Start-up Investment Ecosystem Webinar" on October 25, 2024. This collaborative event brought together representatives from China International Capital Corporation (CICC), State Bank of Pakistan, Federal Board of Revenue and other key stakeholders, fostering dynamic discussions on investment opportunities and partnerships to fuel Pakistan’s economic growth. #PakistanStartups #Investment #Collaboration #PakistanChina #SECP #EconomicGrowth #BilateralRelations
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The Islamic Development Bank Institute (IsDBI), under its technical assistance program is working with the Securities and Exchange Commission of Pakistan (SECP). In this regard, IsDBI is inviting expressions of interest from eligible consultants for consultancy services to develop Shariah-compliant agriculture financing and digital financing products in the non-banking financial sector. Eligibility criteria and ToRs are given at following links: Digital Financing product: : https://lnkd.in/dzRZr_Xh Agriculture financing product: : https://lnkd.in/duq8AChQ
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Public Consultation on Adoption of IFRS Sustainability Disclosure Standards in Pakistan on October 24, 2024 at 3:00 PM Join using the following zoom link: https://lnkd.in/gssV6WVZ PASSCODE: 083048 #SECP #IFRS #ifrss1 #ifrss2 #publicconsultation #ICAP
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SECP is considering to adopt IFRS Sustainability Disclosure Standards in a phase-wise manner in Pakistan and has initiated public consultation for the adoption of these standards. As per the proposal, first phase shall start from the annual reporting periods beginning on or after January 1, 2025. The second and third phase shall start from January 2026 and 2027 respectively. Requirement of obtaining assurance shall start from the second year of the reporting, as applicable. The adoption of these standards represents SECP’s commitment to align capital markets with global best practices, enhance transparency, improve risk management, allow more informed decision making and promote a culture of integrating sustainable business practices into business strategies. The survey can be accessed at https://lnkd.in/djFVqmP5