Regulatory Alerts2020-09-02
Added · Updated
Non-Banking Finance Companies and Notified Entities Regulations, 2008
The Securities and Exchange Commission of Pakistan establishes the Non-Banking Finance Companies and Notified Entities Regulations, 2008 to regulate NBFCs providing leasing, investment finance, housing finance, asset management, and investment advisory services. The document defines key terms including Collective Investment Schemes, Eligible Investors requiring a minimum investment of three million rupees, and Small and Medium Enterprises with specific turnover and employee thresholds. It outlines the licensing requirements for various NBFC categories and specifies the composition of Liquid Assets and Equity of the Borrower for regulatory compliance.
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