Rule · SECP · 3 Jul 2019
The Securities and Exchange Policy Board specifies revised fees for regulated activities under the Securities and Exchange Commission of Pakistan Act, 1997. Credit rating companies pay a PKR 100,000 fee for initial licensing, while renewal fees for credit rating companies, bankers, consultants, underwriters, debt securities trustees, share registrars, and ballotters are set to NIL. For public offerings of securities, the fee is PKR 200,000 for equity securities and PKR 100,000 for debt securities. This notification takes effect immediately.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, the 2 nd July, 2019 NOTIFICATION S.R.O. 716 (I)/2019.- In exercise of the powers conferred under clause (g) of sub-section (1) of section 21 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the Securities and Exchange Policy Board is pleased to specify the following revised rate of fees,- Regulated Activity Revised Fee (in PKR) Credit Rating Companies Fee to be paid at the time of obtaining permission to form a credit rating company NIL Fee to be paid at the time of applying for license as a credit rating company 100,000 Fee to be paid at the time of applying for renewal of license as a credit rating company NIL Banker to an issue License renewal fee NIL Consultant to the issue License renewal fee NIL Underwriter Fresh License Fee 250,000 License renewal fee NIL Debt Securities Trustees License renewal fee NIL Share Registrars and Ballotters License renewal fee NIL Public Offering of Securities In case of public offering of equity securities of a company 200,000 In case of issuance of debt security 100,000
2. This Notification shall take effect immediately.
No. SMD/PRDD/2019 -
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“Fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019”
“revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019”
“read with Notification No. S.R.O. 716(I)/2019, dated 2nd July, 2019”
“Fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019”
“Fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019”
“read with Notification No. S.R.O. 716(I)/2019, dated 2nd July, 2019”
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