Regulatory Alerts2026-04-21
Added · Updated
Circular 7 of 2026 - List of Approved Auditors for SECP Regulated Entities
The Securities and Exchange Commission of Pakistan has revised the list of approved auditors for SECP-regulated entities by including S. M. Suhail & Co. under clause (i) of Annexure I. The document categorizes entities into three tiers based on asset size or license type, requiring Securities Exchanges, large Asset Management Companies, and large Insurance Operators to appoint auditors from clause (i), while smaller entities may choose from clause (i) or clause (ii). Entities in the lowest tier may appoint any firm with a satisfactory QCR Rating from ICAP, and Public Interest Companies must additionally be registered with the Audit Oversight Board.
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