RegAlert2024-08-15
Added · Updated
Listed Companies (Code of Corporate Governance) Regulations, 2019 – Amended upto June 12, 2024
The regulations mandate that listed companies maintain a board composition including at least one-third independent directors and one female director, with separate voting categories for their election. Executive directors are capped at one-third of the board, and the Chairman and Chief Executive Officer roles must be held by different individuals. The rules require boards to establish formal policies for risk management, sustainability, diversity, equity, inclusion, and anti-harassment, while also enforcing strict limits on directorships across multiple listed entities.
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GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, the 25th September, 2019 NOTIFICATION
SRO 1163 (I)/20191
.- In exercise of the powers conferred under Section 156 read with
section 512 of the Companies Act, 2017 (XIX of 2017), the same having been previously published
in the official Gazette vide Notification S.R.O. 485(I)/2019 dated 23rd April, 2019, as required under proviso to sub-section (1) of said section 512, the Securities and Exchange Commission is pleased to notify the following Regulations, namely:-
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Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.