SECP Pakistan

SECP Proposes ESG Mutual Fund Framework for Sustainable Investing

The Securities and Exchange Commission of Pakistan (SECP) has proposed a regulatory framework for ESG Mutual Funds requiring at least 70 percent of investments in ESG-aligned assets. The framework introduces disclosure requirements, governance standards, and assurance mechanisms to prevent greenwashing. Asset managers will align equity funds with the Pakistan Stock Exchange's upcoming Sustainability Index and debt funds with Pakistan's Green Taxonomy. Stakeholders may submit feedback by April 21, 2026.

SECP Expands Pension Reform, Approves 9 Additional Funds for Balochistan and Punjab

The Securities and Exchange Commission of Pakistan (SECP) approved eight additional pension funds for the Government of Balochistan and one for the Government of Punjab. Balochistan's total authorized pension funds now stands at fifteen, while Punjab's total has reached twenty-five. The approvals are part of the government's transition from the traditional Defined Benefit (DB) pension system to a more sustainable Defined Contribution (DC) framework.

SECP Approves IPO of Wahdat Poultry Farm Limited

The Securities and Exchange Commission of Pakistan (SECP) has approved the prospectus for the Initial Public Offering (IPO) of Wahdat Poultry Farm Limited. The offering comprises 50,000,000 new ordinary shares plus an offer for sale of 3,102,350 shares representing 15.84% of post-IPO paid-up capital. This is the 8th IPO approved in FY 2025-26.

SECP Grants BNPL License to Alibaba-Backed KTPL

The Securities and Exchange Commission of Pakistan (SECP) has granted a Buy Now Pay Later (BNPL) license to KOKO TECH PAKISTAN (PRIVATE) LIMITED (KTPL). KTPL is ultimately owned by Alibaba.com Holdings, marking Alibaba's entry into Pakistan's fintech market. SECP Chairman Dr Kabir Ahmed Sidhu stated that this development represents growing international confidence in Pakistan's digital economy and financial services market.