Regulatory Alerts2025-03-28
Added · Updated
SRO 454 of 2025 – Amendments to Listed Companies (Code of Corporate Governance) Regulations, 2019
The Securities and Exchange Commission of Pakistan omits Regulation 7A and amends Regulation 10 of the Listed Companies (Code of Corporate Governance) Regulations, 2019. The amendments mandate that the chief executive officer and directors representing one-third of the board size or four members, whichever is greater, must attend general meetings unless compelling reasons are notified in advance. Additionally, the regulations encourage regular independent evaluations of board performance every three years and recommend audio-visual recording of general meeting proceedings for archiving and regulatory review.
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