Markets Print edition: 2020-11-26

SECP directive to clearing houses

Published November 26, 2020 Updated November 26, 2020 02:54am

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made it compulsory for the licensed clearing house to maintain paid-up capital of Rs1.00 billion at all times and net worth of Rs2.00 billion by June 30, 2023.

In this connection, the SECP has issued SRO 1252(I)/2020, here on Wednesday.

Copyright Business Recorder, 2020