RegAlert

Rule · SECP · 9 Aug 2010

Correspondence, Submission of Returns and Accounts under the Companies Ordinance 1984 and Insurance Ordinance 2000

disclosure
insurance

Listed insurance and takaful companies must continue filing Annual Returns on Form A and prescribed information with the Securities Market Division of the Securities and Exchange Commission of Pakistan, as required under Notifications S.R.O 763(I)/85, S.R.O 1014(I)/86, and Circular Number 6 of 2001. The directive clarifies that the relocation of the Insurance Division to Karachi does not exempt these entities from filing regulatory returns with other Commission divisions. Companies are specifically instructed to re-submit Annual Returns for the year 2009 to the Securities Market Division.

PakistanSecurities and Exchange Commission of Pakistan

SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN INSURANCE DIVISION

Karachi, 9 August 2010

CORRESPONDENCE, SUBMISSION OF RETURNS & ACCOUNTS UNDER THE COMPANIES ORDINANCE 1984 AND INSURANCE ORDINANCE 2000

In continuation of our advices relating to the re-location of the Insurance Division in Karachi conveyed vide our note dated 2 September 2009. Please note that the aforesaid advices should not be construed that insurance/takaful companies are no longer required to file regulatory returns with the various Division's of the Securities and Exchange Commission of Pakistan ("the Commission").

All listed insurance/takaful companies may please take notice that they are to continue filing the Annual Return on Form A and prescribed information pursuant to Commission's Notifications Number S.R.O 763(I)/85 dated 07.08.1985 & S.R.O 1014(I)/86 dated 12.11.1986 and Circular Number 6 of 2001 with the Securities Market Division of the Commission, as required under the law. Annual Returns in respect of the year 2009 may kindly be re-submitted to the Securities Market Division.

The inconvenience caused, if any, is regretted.

(Signature)
Tariq Hussain
Director (Insurance)

Distribution:

  • CEOs of all Insurance/Takaful Companies
  • Chairman, Insurance Association of Pakistan
  • Mr. Akif Saeed, Executive Director (SMD), for info.
  • Mr Imran Inayat Butt, Director (SMD), for info.
  • Heads of CROs

Note: August 2010

4th Floor, State Life Building No. 2, Wallace Road, off I.I. Chundrigar Road, Karachi. Tel: 021-32414204, 021-32410651 Fax: 021-32423248 Website: www.secp.gov.pk

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Annotations and obligations
2 obligations · 6 definitions
  • Obligation 2
  • Definition / condition 6
  • background, boilerplate

Lineage: No known changes

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The links and the sentences they come from (1)
Issued under
  • Commission's Notifications Number S.R.O 763(I)Not in RegAlert · 1985

    “pursuant to Commission's Notifications Number S.R.O 763(I)/85 dated 07.08.1985”

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