Regulatory Alerts2026-07-02
Added · Updated
Circular 16 of 2026 – Relaxation allowed for participation in Prime Minister Apna Ghar Program to Housing Finance Companies and NBMFCs
The Securities and Exchange Commission of Pakistan relaxes specific regulatory requirements for Non-Banking Microfinance Companies and Housing Finance Companies participating in the Prime Minister Apna Ghar Program. For NBMCs, the relaxation applies to regulation 17(3)(a), while for HFCs, it covers regulations 28(e)(ii), 28(e)(iv), and 28(e)(vii). These exemptions are exclusively applicable to loans provided under the Prime Minister Apna Ghar Program, with revised requirements detailed in Circular No. 15 of 2026.