Month: November 2020

SECP notifies Collateral Management Cos Regulations, 2019

ISLAMABAD – SECP has notified Collateral Management Companies (CMC) Regulations, 2019 under the Companies Act, 2017 to promote warehouse receipt financing and electronic trading of agricultural commodities. Under these Regulations, any public limited company with a minimum paid-up capital of Rs. 200 million will be eligible for seeking permission of SECP to register as a […]
Read More

Agri, corporate and SMEs: SBP amends three Prudential Regulations

The State Bank of Pakistan (SBP) has amended Prudential Regulations for agriculture financing, corporate/commercial banking and SMEs financing for electronic warehouse receipt under the Collateral Management Companies Regulations, 2019 issued by the Securities Exchange Commission of Pakistan (SECP). The fresh amendments to Prudential Regulations will be applicable with immediate effect. The SBP has advised banks/DFIs […]
Read More