SEC Pakistan

SECP to Consult Market on T+1 Settlement The SECP has initiated a stakeholder consultation on the T+1 settlement cycle at the Pakistan Stock Exchange (PSX).

SECP To Opens Capital Markets to Partnership Businesses The SECP has proposed amendments to the Public Offering Regulations, 2017 to unlock access to the capital markets for companies that previously operated as Associations of Persons (AoPs), partnerships, and Limited Liability Partnerships (LLP).

SECP Tightens Oversight of SOEs, Issues 66 Notices Over Compliance Lapses The SECP has issued show cause notices to 41 state owned enterprises (SOEs) for failing to submit their annual audited accounts and annual returns. Hearings for the non-compliant entities have been scheduled.

Investing in Pakistan’s stock market just became easier. The SECP has enhanced the Sahulat Account framework to make capital market participation more accessible for small investors.

SECP Approves New Annuity Products to Strengthen Retirement Income Security The SECP has approved several new annuity products to strengthen retirement income security and support the development of Pakistan’s annuity market.

Finance Minister Directs SECP to Boost Market Outreach Federal Minister for Finance, Senator Muhammad Aurangzeb, chaired the CMDC meeting and directed SECP to strengthen outreach on capital market reforms. The meeting was attended by SECP Chairman Dr. Kabir Ahmed Sidhu, Commissioner Muhammad Ali Farid Khawaja, and representatives from PSX, SBP, CDC, NCCPL, PBA, and PBC. Discussions focused on developing the corporate bond market, improving liquidity, simplifying issuance, and strengthening infrastructure. The Minister emphasized the need for practical, time-bound reforms to help companies raise funds efficiently and boost investor confidence. He urged SECP to ensure corporates and investors are fully aware of recent facilitative measures, including simplified procedures and digitization. The government remains committed to deepening capital markets to mobilize investment and support economic growth.

SECP Licenses Corporate Restructuring Company and Digital Investment Advisor The SECP has licensed LSE Ventures Limited to operate as a Corporate Restructuring Company (CRC). The Commission has also granted a license to Wealthbridge Management Limited to provide Digital Investment Advisory Services.

Enhancing Investor Facilitation for China Dr. Zafar Uddin Mahmood, Special Representative of the Prime Minister on China, visited the SECP Head Office and met with Chairman Dr. Kabir Ahmed Sidhu. The Chairman briefed him on SECP’s initiatives to improve ease of doing business and facilitate foreign investment, particularly from China. It was highlighted that the majority of foreign companies registered with SECP originate from China, reflecting the strong economic partnership between the two countries. Both sides discussed ways to further strengthen this momentum and ensure continued regulatory facilitation to support increased Chinese investment in Pakistan.

SECP Approves First Independent Shariah Screening Process for Capital Market Securities The SECP has approved Al-Hilal Shariah Advisors (Pvt) Limited to independently conduct Shariah screening of securities. It is the first entity other than the PSX and its partners to receive such approval, opening the door for greater competition in Shariah-compliant investment services.

Surveyor General of Pakistan Visits SECP Surveyor General of Pakistan Major General Kamal Azfar, HI(M) visited SECP headquarters and met Chairman Dr. Kabir Ahmed Sidhu. The meeting discussed collaboration on geospatial data, digital verification and transparent real-estate investment. Both sides reaffirmed their commitment to support data-driven governance, digitalization, and improved ease of doing business in Pakistan.

SECP Launches Digital UBO Registry to Strengthen Corporate Transparency The SECP has launched a digital Ultimate Beneficial Ownership (UBO) Registry to strengthen transparency in the corporate sector, improve regulatory oversight, and help prevent the misuse of companies for illegal activities.

When Women Rise, Pakistan Rises.

SECP Engagement Leads to Mandatory Motor Third-Party Insurance in Sindh The Government of Sindh has formally introduced amendments in the Motor Vehicles (Amendment) Act, 2026, making third-party liability insurance mandatory for all vehicles registered in the province to enhance financial protection for road accident victims. The SECP has been continuously engaging with provincial governments to strengthen the legal framework and ensure effective enforcement of mandatory motor third-party insurance across the country.

Pakistan’s corporate sector continues to grow. 3,444 new companies were registered in February, bringing the total number of companies to 287,049. Foreign investor interest remains strong. 82 newly incorporated companies receiving foreign shareholding. SECP remains committed to promoting a transparent, vibrant, and investor-friendly corporate Pakistan. #SECP #CorporateGrowth #InvestmentInPakistan #EaseOfDoingBusiness

SECP Proposes Referral Incentive Programs to Increase Investor Participation The SECP has proposed the introduction of referral incentive programs to encourage greater investor participation in the capital market. Under the proposed framework, existing investors will be able to refer new clients to securities brokers.

We Are Hiring The SECP is inviting applications for the following positions: -Additional Joint Director – Funds Management Department (Specialized Companies Division) -Deputy Director – Internal Audit and Compliance Department For detailed Terms of Reference (TORs) and to apply, please visit: secp.gov.pk/careers/ Application Deadline: Saturday, March 14, 2026.

Unlisted Companies: It's time to make the switch! Convert your physical shares to Book-Entry form with major fee relief from CDC.

ADB Delegation Visits SECP to Discuss Insurance Reforms A delegation from the Asian Development Bank (ADB), led by Country Director Ms. Emma Fan, visited the SECP yesterday. Chairman Dr. Kabir Ahmed Sidhu discussed ongoing reforms and future areas of cooperation. Key discussion points included a new insurance law focusing on market opening, ease of doing business, and policyholder protection, as well as expanding agriculture and crop insurance coverage via public-private partnerships. The meeting also covered proposals for mandatory catastrophe insurance for critical public assets using modern tech like satellite assessments to enhance efficiency. We look forward to continued collaboration with ADB to enhance financial protection and insurance penetration in Pakistan.

Fee Relief for Conversion of Physical Shares into Digital Form for Unlisted Companies The Central Depository Company (CDC), at the request of the SECP, has announced a comprehensive fee relief package for existing unlisted companies required to convert their physical shares into Book-Entry Form.