RegAlertConsultation · SECP · 30 Jul 2019
Draft Amendments to the Public Offering Regulations, 2017
The Securities and Exchange Commission of Pakistan proposes substituting the Fifth Schedule of the Public Offering Regulations, 2017, to revise processing fees. The draft sets the fee for public offerings of equity securities at Rs. 200,000 and for the issuance of debt securities at Rs. 100,000. Comments on these proposed changes may be submitted within fourteen days of the notification date.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, the 5 th July, 2019 NOTIFICATION S.R.O. 750 (I)/2019. __ The following draft amendments to the Public Offering Regulations, 2017, proposed to be made by the Securities and Exchange Commission of Pakistan in exercise of the powers conferred under section 169 of the Securities Act, 2015 (III of 2015), read with Notification No. S.R.O. 716(I)/2019, dated 2 nd July, 2019 are hereby published for information of all person likely to be effected thereby and notice is hereby given that comments, if any, received within fourteen days from the date of this notification may be considered by the Commission, namely:- DRAFT AMENDMENTS In the aforesaid Regulations, for the Fifth Schedule the following shall be substituted, namely:- “FIFTH SCHEDULE PROCESSING FEE* (i) In case of public offering of equity securities of a company: Rs.200,000/- (ii) In case of issuance of debt security: Rs.100,000/-”.
- fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2
nd July,
2019]
File No. SY/SECP/8/13
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- The Securities Act, 2015 (Act No. III of 2015)2015 · PK-LAW
“in exercise of the powers conferred under section 169 of the Securities Act, 2015 (III of 2015)”
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“read with Notification No. S.R.O. 716(I)/2019, dated 2nd July, 2019”
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