NOTIFICATION

S.R.O. 2130 (I)/2022.- The following draft amendments to the Futures Exchanges (Licensing and Operations) Regulations, 2017, proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of powers conferred by section 114 of the Futures Market Act, 2016 (XIV of 2016), are hereby published for information of all persons likely to be affected thereby and, as required by sub-section (4) of the said section 114, notice is hereby given that objections or suggestions thereon, if any, may be sent to the Commission within fourteen days of placement of the said draft amendments on the website of the Commission, namely:-

DRAFT AMENDMENTS

In the aforesaid Regulations, -

(1) in regulation 19, in sub-regulation (1), after the words, “shall ensure that it has appointed an auditor” the words, “enlisted within Category “A” of the SECP’s Panel of Auditors for a period of three years” shall be inserted; and

(2) in regulation 19, in sub-regulation (8), for the words, “State Bank of Pakistan’s” the word, “Commission’s” shall be substituted.

( Bilal Rasul )
Secretary to the Commission

[File No. SMD/SE/2(20)/2020]

Lineage

The documents this one cites, and the documents that cite it.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

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Amends

Futures Exchanges (Licensing and Operations) Regulations, 2017Not in RegAlert
“The following draft amendments to the Futures Exchanges (Licensing and Operations) Regulations, 2017, proposed to be made by the Securities and Exchange Commission of Pakistan”

Issued under

Futures Market Act, 2016 (Act No. XIV of 2016)2016 · PK-LAW
“in exercise of powers conferred by section 114 of the Futures Market Act, 2016 (XIV of 2016)”