Regulatory Alerts2026-06-03
Added · Updated
Withdrawal of Circular No. 13 of 2023 on Licensing with Foreign Sponsors or Directors
Circular No. 13 of 2023 regarding licensing and allied applications involving foreign individuals or entities as sponsors or directors is withdrawn with immediate effect. This action is taken under the powers conferred by Section 40B and Section 20 of the Securities and Exchange Commission of Pakistan Act, 1997. The withdrawal applies to all entities previously subject to the requirements outlined in the superseded circular.
Topics
Share