SRO 33 (I)/ 2018 – Direction to companies UNSC Resolution compliance AML (Jan 2018)

GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, the 16 th January, 2018 NOTIFICATION S.R.O. 33 (I)/ 2018.- WHEREAS the Securities and Exchange Commission of Pakistan has issued S.R.O. 1(I)/2018, dated January 1, 2018 prohibiting the companies from making donations to the entities and individuals listed under UNSC’s sanctions Committee’s consolidated list. AND WHEREAS the Securities and Exchange Commission of Pakistan issued S.R.O.31(I)/2018, dated January 12, 2018 and has revised the scope of the prohibitions and debarred every officer of the Company from providing any assistance and funding including charity/ donation to the proscribed/designated entities and individuals. NOW THEREFORE the S.R.O. 1(I)/2018, dated January 1, 2018 stands superseded through S.R.O. 31(I)/2018, dated January 12, 2018. This notification is being issued for information to the relevant persons. No. SY/SECP/8/13