Regulatory Alerts2018-04-25
Added · Updated
Clearing Houses (Licensing and Operations) Regulations 2016 Amendment Notification
The Securities and Exchange Commission of Pakistan amends the Clearing Houses (Licensing and Operations) Regulations, 2016, to extend licensing frameworks to the futures market under the Futures Market Act, 2016. The amendments introduce new application and license forms (Forms C and D) for clearing houses operating in the futures sector and update definitions to include the Companies Act, 2017. Specific regulatory requirements are modified to reference futures exchanges and futures contracts, while existing securities market provisions are adapted to cover both securities and futures markets.
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