2017-01-23
Added · Updated
The Securities and Exchange Commission of Pakistan amends the Companies (E-Voting) Regulations, 2016 to define authentication as email and SMS code verification and extend applicability to meetings held on or after June 30, 2017. The amendments establish strict eligibility criteria for intermediaries, requiring secure web portals, ISO certification, penetration testing, and background checks for directors and employees. Specific technical mandates include encrypted passwords, CAPTCHA mechanisms, HTTPS protocols, and comprehensive activity logging, while removing previous provisions regarding minimum member thresholds and sub-regulation 3 of regulation 4.
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Islamabad, 20th January 2017
S.R.O. 33 (I)/2017.- The following draft amendments to the Companies (E-Voting) Regulations, 2016 proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of the powers conferred by section 506A of the Companies Ordinance, 1984 (XLVII of 1984) read with clause (ii) of sub-section (1) of section 40 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), is hereby published in the official Gazette for information of all the persons likely to be affected thereby and notice is hereby given that objections or suggestions, if any, received within fourteen days from the date of its publication in the official Gazette will be taken into consideration.
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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
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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.