Consultation · SECP · 8 Jun 2026
The draft amendment substitutes regulation 106 of the Companies Regulations, 2024, requiring the Commission to obtain security clearance in accordance with Government-approved policy for foreign funding or donation, or foreign promoters, foreign directors, or a foreign chief executive officer of an applicant seeking a licence under these Regulations. Comments received within fourteen days from the date the draft amendments are placed on the Commission's website may be considered.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
Islamabad, 1 st June, 2026
S.R.O.915(I)/2026.- The following draft amendments to the Companies Regulations, 2024, proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of the powers conferred by section 512 of the Companies Act, 2017 (XIX of 2017), are hereby published for information of all persons likely to be affected thereby and notice is hereby given that comments, if any, received by the Commission within fourteen days from the date of placement of the draft amendments on the website of the Commission may be taken in to consideration, namely: -
In the aforesaid regulations, for regulation 106, the following shall be substituted, namely: -
“106. Security Clearance. – The Commission shall obtain security clearance in accordance with policy approved by the Government in respect of foreign funding or donation or foreign promoters, foreign directors, or foreign chief executive officer of applicant seeking license under these Regulations.”.
[No. SY/SECP/8/13]
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