Regulatory Alerts2019-08-17
Added · Updated
Employees Contributory Funds (Investment in Listed Securities) Regulations, 2018
These regulations impose investment limits and conditions on provident and contributory retirement funds constituted by companies in Pakistan. Investments in listed securities, debt instruments, and collective investment schemes are capped at 50% of the fund's size, with specific sub-limits for sectors, single issuers, and asset management companies. Funds must adhere to strict credit rating requirements, profitability criteria for equity investments, and prohibitions on leveraging or day trading. Additionally, funds are required to submit semi-annual financial disclosures to the Securities and Exchange Commission of Pakistan.
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