Regulatory Alerts2026-03-18
Added · Updated
Circular 01 of 2026 - Notification of Schedule of Fees for the Financial Year 2026
MUFAP has established a new fee schedule for the 2025-2026 financial year, mandating specific registration and annual membership charges for both regulated persons and service providers. Regulated entities must pay a Rs. 250,000 initial registration fee and a Rs. 1,400,000 base annual membership fee, while distributors are subject to separate tiered fees based on their corporate status. Failure to adhere to the prescribed payment timelines will result in a 2% monthly late penalty on outstanding amounts and potential regulatory enforcement actions.
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