The Securities and Exchange Commission of Pakistan (SECP) has introduced an updated Master Circular for Asset Management Companies (AMCs) and Investment Advisers (IAs), aiming to simplify regulatory compliance and improve operational efficiency across Pakistan’s mutual fund industry. The revised circular brings together all relevant regulatory requirements into a single, comprehensive document. By consolidating various circulars, […]
SECP Introduces ESG Mutual Funds Framework to Boost Sustainable Investment in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step toward promoting responsible investing by introducing the country’s first Environmental, Social, and Governance (ESG) Mutual Funds Framework. The new initiative allows asset management companies to launch ESG-focused mutual funds, giving investors an opportunity to support businesses that prioritize sustainability and ethical corporate […]
Soneri Bank Evaluates Acquisition Opportunities to Expand Business Portfolio
Soneri Bank Limited has announced plans to explore a potential acquisition as part of its broader strategy to diversify business operations and strengthen long-term growth prospects. The development was formally disclosed through a notice submitted to the Pakistan Stock Exchange. According to the filing, the bank’s board of directors has granted authorization to the President […]
A Boost for Pakistan’s SMEs: National Credit Guarantee Company Launched
Good news for Pakistan’s small and medium-sized enterprises (SMEs)! The government has launched the National Credit Guarantee Company Limited (NCGCL), the country’s first-ever credit guarantee company dedicated to providing financial support to SMEs. This groundbreaking initiative aims to address a critical challenge facing Pakistani SMEs: limited access to credit. With private credit for SMEs at […]