Tag: SECP

SECP Briefing Encourages ABAD Members to Explore Corporatization and REIT Opportunities

Regulatory NextWallet Desk -
ABAD members are considering corporatization and REIT registration after an SECP briefing covering digital incorporation, eZfile and access to finance.

SECP Proposes Digital Complaints System and More Insurance Tribunals to Improve Policyholder Dispute Resolution

Regulatory NextWallet Desk -
SECP has proposed additional insurance tribunals and a centralized digital complaints system to improve complaint resolution for policyholders.

NextWallet Joins Pakistan Fintech Forum IV As Fintech Media Partner To Highlight Digital Finance Growth

Partnerships webdesk -
NextWallet partnered with Pakistan Fintech Forum IV as Fintech Media Partner, highlighting discussions on digital banking, payments, credit access, financial inclusion and fintech growth in Pakistan.

SECP Approves Up to Rs3 Million Digital Financing For Small Businesses Through Shariah Compliant App

Regulatory NextWallet Desk -
SECP has approved a Shariah-compliant digital financing application offering up to Rs3 million to eligible small businesses for inventory purchases.

SECP and NCCPL Conduct Industry Training on IBAN Authentication

Regulatory NextWallet Desk -
SECP's AML Department, working with NCCPL, held a three-day webinar on IBAN validation through RAAST for around 286 participants across the industry.

SECP Targets Digital Transformation of Pakistan Insurance Sector Through New Digital Insurance Initiatives

Regulatory NextWallet Desk -
SECP is targeting digital transformation of Pakistan’s insurance sector, with plans for digital verification, claims reforms and Insured Pakistan platform.

Pakistan Insurance Industry Grows Despite Low Coverage and Limited Digital Adoption Across Financial Services

BFSI NextWallet Desk -
Pakistan’s insurance industry has reached Rs4 trillion in assets, but insurance penetration remains at just 0.7% of GDP.

SECP Talk Series to Discuss Pakistan Insurance Industry Development and Growth

Wired NextWallet Desk -
SECP will host a talk series on Pakistan's insurance industry on September 15, featuring CEOs from TPL Insurance, State Life, and EFU Life.

SECP Proposes Regulatory Reforms To Boost Real Estate Investment Trusts Sector

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

SECP Partners with Askari Bank to Simplify Corporate Account Opening Process

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

Mahaana Launches Gold Fund Offering Digital Way to Own Physical Gold Assets

FinTech NextWallet Desk -
Mahaana has launched Mahaana Gold, a Shariah-compliant fund letting investors buy digital units backed by physical gold through the Mahaana app.

Easypaisa and KTrade Partner to Simplify Digital Stock Market Account Opening Process

FinTech NextWallet Desk -
easypaisa digital bank and KTrade have partnered to enable instant digital PSX account opening, making stock market investing easier for millions of Pakistanis.