Tag: SECP

Pakistan’s National Assembly approves the Virtual Assets Bill 2026, establishing a regulatory authority to oversee digital currencies, virtual asset services, and compliance with international financial standards.

PVARA launches a regulatory sandbox for virtual assets, providing a controlled environment for testing tokenisation, stablecoins, remittances, and Web3 solutions under regulatory oversight.

The Securities and Exchange Commission of Pakistan (SECP) has issued new regulations for Digital Asset Management Services, defining eligibility, licensing, and operational requirements for Digital Asset Management Companies using digital platforms.

The Coca-Cola Company has officially gone live on the Federal Board of Revenue’s (FBR) digital invoicing system through Haball’s Wasl platform, marking a significant advancement in Pakistan’s journey toward automated tax compliance, corporate transparency, and digital transformation.

The Securities and Exchange Commission of Pakistan (SECP) has partnered with Mobilink Microfinance Bank, Easypaisa Bank, and Raqami Islamic Digital Bank to facilitate same-day corporate account opening for newly registered companies. This initiative, aligned with SECP’s “Paper to Platform” vision, aims to promote ease of doing business, financial inclusion, and a startup-friendly digital ecosystem in Pakistan.

Pakistan Tobacco Company (PTC) has successfully integrated with the Federal Board of Revenue’s digital invoicing system through the Haball platform, marking a major step towards digital compliance and automation in Pakistan’s corporate sector.

After two years of development in stealth mode, Mahaana (YC W22) launches Pakistan’s first fully digital retirement platform, introducing a Swedish-style occupational pension model through partnerships with SECP, SBP, and CDC to revolutionize retirement savings and financial inclusion.

The Securities and Exchange Commission of Pakistan (SECP) has certified Walee Financial Services as a fully Shariah-compliant Non-Banking Financial Company (NBFC), marking a landmark achievement for Pakistan’s Islamic fintech ecosystem.

JazzCash and KTrade Securities have partnered to enable real-time stock trading directly through the JazzCash app, allowing users to invest in the Pakistan Stock Exchange using their mobile wallets. The collaboration, supported by SECP, PSX, NCCPL, and CDC, aims to expand financial inclusion and democratize access to capital markets.

Continental Biscuits Limited has officially gone live on the Federal Board of Revenue’s digital invoicing system through Haball’s Wasl platform, marking a key milestone in advancing digital compliance, automation, and transparency within Pakistan’s corporate and financial ecosystem.

Fintech platform Daira celebrates its first year in Pakistan, surpassing PKR 1 billion in loans to 200,000 customers and expanding into Buy Now, Pay Later (BNPL) solutions under SECP regulation.

The SECP has announced the inaugural International Capital Market Conference & Expo (ICMC) 2025, set for November 11–12 in Karachi, in collaboration with PSX, NCCPL, CDC, and PMEX under the theme “Regional Integration and Innovation in Capital Markets.”