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SECP Registration Services in Islamabad

SARN Consulting offers comprehensive assistance for businesses seeking to register with the Securities and Exchange Commission of Pakistan (SECP). Our expert team ensures a seamless registration process, allowing you to focus on your business growth.

Best SECP Registration Services in Islamabad

SARN Consulting offers comprehensive assistance for businesses seeking to register with the Securities and Exchange Commission of Pakistan (SECP). Our expert team ensures a seamless registration process, allowing you to focus on your business growth.

SARN Consulting specializes in guiding businesses through the SECP licensing process for commodity exchanges and brokers in Pakistan. Our expertise ensures a streamlined experience, allowing you to focus on your core operations.

Licensing of Commodity Exchanges:

Under Section 5 of the Futures Market Act, 2016, establishing a commodity exchange requires SECP licensing. This process involves meeting specific eligibility criteria and adhering to regulatory standards.

Registration of Commodity Brokers:

All commodity brokers must register with the SECP to offer brokerage services. The Commodity Exchange and Futures Contracts (CEFC) Rules, 2005, outline the eligibility conditions, registration procedures, and the obligations of brokers.

Documents Required for Registration:

  • Application Form: Completed and signed application as per SECP guidelines.
  • Proof of Eligibility: Documents demonstrating compliance with eligibility criteria under Rule 11 of the CEFC Rules, 2005.
  • Non-Refundable Fee Receipt: Evidence of payment of the prescribed application fee.
  • Additional Information: Any further details or clarifications as requested by the SECP during the review process.

Time Required for Registration:

The registration process’s duration depends on the completeness and accuracy of the submitted documents. Timely submission of all required information can expedite the process.

Licensing of Central Depositories:

SARN Consulting offers specialized services to assist entities in obtaining licenses as central depositories in Pakistan, ensuring compliance with the Securities and Exchange Commission of Pakistan (SECP) regulations.

Under Part IV of the Securities Act, 2015, any entity aiming to function as a central depository must secure a license from the SECP. The Central Depositories (Licensing and Operations) Regulations, 2016, detail the eligibility criteria and procedural requirements for applicants.

Documents Required for Licensing:

  • Application Form: Duly completed as per SECP guidelines.
  • Memorandum and Articles of Association: Defining the company’s objectives and governance structure.
  • Business Plan: Outlining operational strategies, financial projections, and compliance measures.
  • Proof of Capital Adequacy: Evidence demonstrating sufficient financial resources to operate as a central depository.
  • Directors’ and Key Officers’ Profiles: Detailed resumes highlighting relevant experience and qualifications.
  • Internal Control Procedures: Documentation of systems in place to ensure compliance with regulatory standards.

Time Required for Licensing:

The licensing process’s duration varies based on the application’s completeness and adherence to SECP requirements. Prompt submission of accurate documents can facilitate a more efficient review process.

Licensing of Clearing Houses:

SARN Consulting offers specialized services to assist entities in obtaining licenses as clearing houses in Pakistan, ensuring compliance with the Securities and Exchange Commission of Pakistan (SECP) regulations.

Under Section 24 of the Securities Act, 2015, any entity aiming to function as a clearing house must secure a license from the SECP. The Clearing Houses (Licensing and Operations) Regulations, 2016, detail the eligibility criteria and procedural requirements for applicants.

If you own a small business and require finance services, you may check out our Microfinance Registration Services in Islamabad