Regulatory Alerts2026-05-25 | FE Circular No. 03Implementation of Non-Resident Shareholding Registration System
The State Bank of Pakistan has implemented the Non-Resident Shareholding Registration System to automate record keeping for foreign shareholdings, dividends, and disinvestment proceeds in locally incorporated companies. Authorized Dealers must report designation and share registration transactions monthly through the Data Acquisition Portal using four specific data file structures, with initial reporting due by early August 2026. Banks are additionally required to submit legacy dividend and disinvestment data in three phased waves covering 2015 to 2026, with Group Head Compliance responsible for verifying accuracy and adherence to strict submission timelines.
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