Rule · SECP · 19 Nov 2018
The Securities and Exchange Commission of Pakistan specifies the Islamic International Rating Agency, Bahrain, as an internationally recognized foreign credit rating institution. This designation applies for the purpose of entering into joint venture or technical collaboration arrangements with a credit rating company in Pakistan. The notification is issued under section 40B of the Securities and Exchange Commission of Pakistan Act, 1997, read with clause (g) of regulation 4 of the Credit Rating Companies Regulations, 2016.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, the 15 th November 2018 NOTIFICATION S.R.O. 1404 (I)/2018. __ In exercise of the powers conferred under section 40B of the Securities and Exchange Commission of Pakistan Act, 1997 (Act No. XLII of 1997), read with clause (g) of regulation 4 of the Credit Rating Companies Regulations, 2016, the Securities and Exchange Commission of Pakistan is pleased to specify the Islamic International Rating Agency, Bahrain, as internationally recognized foreign credit rating institution for the purpose of entering into joint venture or technical collaboration arrangement with a credit rating company in Pakistan. [No. SMD/CIW/CR/03/2012]
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“read with clause (g) of regulation 4 of the Credit Rating Companies Regulations, 2016”
More like this from SECP
SECP published 4 documents in the last 30 days. We email you each new one the day it's published.
Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added