Regulatory Alerts2025-07-01
Added · Updated
PACRA Whistleblower Protection Policy
The Pakistan Credit Rating Agency Limited (PACRA) has implemented a Whistleblower Protection Policy requiring all employees to formally report unethical practices or misconduct through a confidential compliance channel. The framework mandates prompt, time-bound investigations led by the Compliance Officer and Chief Executive Officer, guaranteeing protection from reprisal for good faith disclosures while allowing disciplinary action against malicious claims. Aligned with SECP regulations, the policy standardizes reporting procedures, establishes clear escalation routes to the Board of Directors, and ensures all findings are documented and resolved within one month.
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