Regulatory Alerts2026-01-15
Added · Updated
Non-Banking Finance Companies and Notified Entities Regulations, 2008
The Securities and Exchange Commission of Pakistan amended the definitions within the Non-Banking Finance Companies and Notified Entities Regulations, 2008, to incorporate new regulatory categories and update existing terms. Key additions include definitions for Buy Now Pay Later (BNPL) arrangements, Digital Asset Management Services (DAMS), Digital Lending, and Nano Loans, alongside revised definitions for Borrower, Exposure, and Liquid Assets. These changes apply to NBFCs and notified entities managing leasing, investment finance, housing finance, asset management, and pension fund businesses, ensuring the regulatory framework reflects current digital and consumer financing activities.
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