Amendments to the Intermediaries (Registration) Regulations

The Securities and Exchange Commission of Pakistan substitutes the phrase "within three months of coming into force of these regulations" with "not later than March 31, 2018" in regulation 3, sub-regulation (2). Additionally, regulation 3, sub-regulation (3) is amended to replace "period of three months of coming into force of these regulations" with "expiry of time period referred in sub-regulation (2) of regulation 3". These changes establish a fixed deadline for intermediaries to comply with registration requirements.

SECP published 3 documents in the last 30 days — get each new one by email the day it lands.

Government of Pakistan
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, 12th January, 2018 NOTIFICATION S.R.O. 28 (I)/2018.- In exercise of the powers conferred by sub-section (1) of
section 512 read with section 455 of the Companies Act, 2017 (XIX of 2017), the Securities
and Exchange Commission of Pakistan is pleased to notify the following amendments to the Intermediaries (Registration) Regulations, 2017, the same having been previously published vide notification S. R. O 1245 (I)/2017 dated December 07, 2017, namely:- In the aforesaid Regulations,- (a) in regulation 3, sub-regulation (2), for the expression “within three months of coming into force of these regulations”, the expression “not later than March 31, 2018”, shall be substituted; and (b) in regulation 3, sub-regulation (3), for the expression “period of three months of coming into force of these regulations”, the expression “expiry of time period referred in sub-regulation (2) of regulation 3”, shall be substituted. [No. CLD/CCD/PR(13)/2017]

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works