SECP Concludes Landmark Consultation on Insolvency and Debt Enforcement

The Securities and Exchange Commission of Pakistan (SECP) has taken a major step in reforming the insolvency and debt enforcement framework by successfully concluding a comprehensive stakeholder consultation. The consultation underscored the significance of strengthening Pakistan’s legal and regulatory systems to ensure efficient debt resolution and a robust insolvency regime. Judicial Support for Debt Resolution …

SECP Introduced Guidelines for Digital Lending

SECP Guidelines Issued for Digital Lenders: Enhancing Borrower Protection The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to NBFCs engaged in digital lending. SECP guidelines digital lending aims to ensure best practices in advertisements and call centre management. This significant move underscores the SECP’s commitment to regulating the digital lending sector effectively. …

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