Draft Amendments to Non-Banking Finance Companies and Notified Entities Regulations, 2008

GOVERNMENT OF PAKISTAN
Securities and Exchange Commission of Pakistan -.-.- Islamabad 1 st July, 2019 NOTIFICATION S.R.O. 714 (I)/2019.- The following draft amendments in the Non-Banking Finance Companies and Notified Entities Regulations, 2008 proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of the powers conferred by sub-section (2) of
section 282B of the Companies Ordinance, 1984 (XLVII of 1984), on directions of the Securities
and Exchange Policy Board vide Notification SRO 685(I)/2019, dated 28 th June, 2019, are hereby published for information of all persons likely to be affected thereby and notice is hereby given that comments, if any, received within fourteen days of the date of this notification will be taken into consideration, namely:- DRAFT AMENDMENTS In the aforesaid Regulations, in Schedule II, in clause C, for the table and proviso, the following shall be substituted,- S# Head of fee Amount (in Rs.) 1 Annual Monitoring Fee to be paid by Deposit taking NBFCs. Rs. 250,000/- 2 Annual Fee for Collective Investment Schemes 0.02%* *[Revised in accordance with the Securities and Exchange Policy Board’s directive vide SRO 685(I)/2019, dated 28 th June, 2019] File No. SCD/NBFC/NBFCR/2019 -