Economic and Finance News
-
SECP grants relaxation on accounting treatment for equity securities as required under IAS-39
ISLAMABAD (February 14 2009): The Securities and Exchange Commission of Pakistan (SECP) has granted relaxation in the accounting treatment for…
-
SECP informs CCP it has authority to give exemptions and relaxations from IAS applicability
ISLAMABAD (February 13 2009): The Securities and Exchange Commission of Pakistan (SECP) has informed the Competition Commission of Pakistan (CCP)…
-
CCP asks SECP not to issue directive on IAS-39 which would violate Competition Ordinance
ISLAMABAD (February 11 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP)…
-
50 percent margin on sugar trade financing impsed by SBP
KARACHI (February 10 2009): As a step to curb sugar hoarding, the State Bank of Pakistan (SBP) on Monday imposed…
-
CCP issues notices to four banks for advertising incorrect profit rates
ISLAMABAD (January 30 2009): The Competition Commission of Pakistan (CCP) has issued notices to four banks for advertising term/time deposit…
-
SBP Allows Banks to Use Market Price of Dec. 31, 2008 for Listed Securities
KARACAHI (January 28 2009): In order to avoid subjectivity in mark to market of investments held by banks, the State…
-
Prudential Regulations Amended – Banks to Avail 30 Percent FSV Benefit of Collateral
KARACHI (January 28 2009): State Bank of Pakistan has allowed the banks to avail 30 percent benefit of Forced Sale…
-
SBP Allows One-year Grace Period on Long Term Financing Facility
KARACHI (January 23 2009): The State Bank of Pakistan (SBP) has given a one year grace period on loans availed…
-
SECP Issues Draft of Companies Buy-back of Shares Regulations, 2009
ISLAMABAD (January 23 2009): The Securities and Exchange Commission of Pakistan (SECP) has issued draft of the “The Companies (Buy-Back…
-
KSE amends listing regulations regarding transfer pricing and corporate governance
Jan. 20, 2009 – KARACHI: The Karachi Stock Exchange has made amendments to the listing regulations regarding transfer pricing and…
