Regulatory

SECP Proposes Regulatory Reforms To Boost Real Estate Investment Trusts Sector

SECP has proposed amendments to REIT regulations, easing income thresholds, loan tenures, listing timelines and land holding rules for real estate schemes.

State Bank Gains Access To Centralized Bank Transaction Data System To Report Transactions Above Rs100 Million

Income Tax Ordinance amendment lets SBP run a central data hub, requiring banks and EMIs to report transactions above Rs100 million for tax matching.
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Banks And Electronic Money Institutions To Upload Large Transactions To Central Hub

FBR mandates banks and electronic money institutions to e-upload data on deposits and withdrawals above Rs100 million to a new Central Data Hub for tax matching.

SECP Partners with Askari Bank to Simplify Corporate Account Opening Process

SECP has integrated with Askari Bank to let new companies select a bank and open a corporate account directly through the SECP registration portal.

VEON and JazzWorld Leadership Meet SECP Chairman to Discuss Digital Investment Plans

VEON Group CEO Kaan Terzioglu and JazzWorld CEO Aamir Ibrahim met SECP Chairman Dr. Kabir Ahmed Sidhu to discuss digital infrastructure, capital markets, and financial inclusion in Pakistan.

SECP Approves Reforms To Improve Pakistan Standing Under World Bank Business Ready Framework

SECP approves regulatory reforms targeting remaining gaps in Pakistan performance under the World Bank Business Ready assessment.

World Bank Meets SECP Chairman To Discuss Capital Markets Financial Sector And Private Growth

World Bank officials met SECP Chairman Dr. Kabir Ahmed Sidhu to discuss capital markets, private sector development, debt markets and financial sector reforms.

SBP Rejects Claims Linking Raast To Money Laundering In Latest FATF Report

SBP rejects claims that FATF identified Raast as a money-laundering channel, clarifying the report only referenced Raast as a domestic payment channel.