Tag: SECP

SECP Issues Regulations for Digital Asset Management Companies to Offer DAMS

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.

Coca-Cola Goes Live on FBR’s Digital Invoicing System via Haball’s Wasl Platform, Marking a Major Step Toward Corporate Digital Compliance

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.

SECP Partners with Digital Banks to Enable Same-Day Corporate Accounts for Startups

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 Goes Live on FBR’s Digital Invoicing System via Haball Platform

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.

Mahaana Launches Pakistan’s First End-to-End Digital Retirement Platform, Pioneering a New Era in Financial Inclusion

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.

SECP Certifies Walee Financial Services as Pakistan’s First Fully Shariah-Compliant Digital NBFC

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 Join Forces to Enable Real-Time Stock Trading in Pakistan Through Mobile Wallets

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 Integrates with FBR’s Digital Invoicing Through Haball’s Wasl Platform

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.

Daira Celebrates First Anniversary in Pakistan with PKR 1 Billion in Loans to 200,000 Customers

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.

SECP to Host International Capital Market Conference & Expo 2025 in Karachi

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.”

Amreli Steels Goes Live on FBR Digital Invoicing via Haball for Transparency and Compliance

Amreli Steels Limited has gone live on the Federal Board of Revenue’s digital invoicing system through Haball, marking a step toward transparency, automation, and compliance in Pakistan’s corporate sector.

SECP Urges Simplified and Digital Account Opening in Pakistan’s Capital Markets

SECP Chairperson has directed Pakistan’s capital market institutions, including PSX, CDC, and NCCPL, to streamline and digitize the account opening process, aiming to improve investor accessibility and experience.