
SECP Imposes Supervisory Fee On Listed Companies
Mohammad Ali (@ChaudhryMAli88) Published July 25, 2016 | 04:52 PM

ISLAMABAD, (UrduPoint / Pakistan Point News - 25th july,2016) : The Securities and Exchange Commission of Pakistan (SECP) has imposed supervisory fee on all the companies listed on pakistan stock exchange (PSX).
It is applicable with effect from July 1, 2016, said a statement issued here Monday by the commission.
The fee will be collected by psx, at the rate of ten percent of its listing fee, on behalf of the SECP. It is to be paid by the listed companies in addition to the listing fee paid to the PSX.
The SECP continuously monitors the affairs of listed companies, and the process requires extra efforts and human capital. Similar fee is being charged by the regulators in other jurisdictions as well.
Related Topics
Recent Stories

US House Foreign Affairs Chair Says 'Can't Kowtow' to China

Changes underway for a unified, integrated Policing system in country: Amin-Ul-H ..

UNDP's three days workshop concludes

Sharjeel Inam Memon visits different rain-hit areas in Tando Jam

Nord Stream to Be Suspended from August 31 to September 2 for Maintenance - Gazp ..

US Has Accountability Measures to Track Military Aid Packages Sent to Ukraine - ..
More Stories From Pakistan
-
Changes underway for a unified, integrated Policing system in country: Amin-Ul-Haque
12 minutes ago -
UNDP's three days workshop concludes
12 minutes ago -
Sharjeel Inam Memon visits different rain-hit areas in Tando Jam
14 minutes ago -
AJK PM unveils various packages for post-1990 migrants
18 minutes ago -
PA Speaker meets Argentine Ambassador
20 minutes ago -
Minister grieves over deaths by stormy rains in DI Khan, other areas of KP
20 minutes ago -
Relief operations started in rain affected districts: Sharjeel
20 minutes ago -
6 more report positive for COVID-19 in Balochistan
22 minutes ago -
13 more test positive for COVID-19 in Faisalabad
44 minutes ago -
SNGPL unearths gas theft
44 minutes ago -
Irrigation minister visits Hyderabad rain effected areas
44 minutes ago -
Over 8.89m people vaccinated in Faisalabad
44 minutes ago
Education - Urdu News - Car Prices - Breaking News - English News - Live Tv Channels - Urdu Horoscope - Horoscope in Urdu - Muslim Names in Urdu - Urdu Poetry - Love Poetry - Sad Poetry - Prize Bond - Mobile Prices in Pakistan - PTV Sports - English to Urdu - Big Ticket - Translate English to Urdu - Ramadan Calendar - Prayer Times - DDF Raffle - Islamic Calendar - Events - Today Islamic Date - Travel - UAE Raffles - Travel Guide - Arabic - Urdu Cooking Recipes - Directory - Pakistan Results - Past Papers - BISE - Schools in Pakistan - Academies & Tuition Centers
UrduPoint Network is the largest independent digital media house from Pakistan, catering the needs of its users since year 1997. We provide breaking news, Pakistani news, International news, Business news, Sports news, Urdu news and Live Urdu News
© 1997-2022, UrduPoint Network
All rights of the publication are reserved by UrduPoint.com. Reproduction without proper consent is not allowed.