The Securities and Exchange Commission of Pakistan announced that its Appellate Bench, its apex quasi-judicial appellate forum, disposed of 100 appeals between March 2024 and March 2025, with all orders published on the SECP website. Of the appeals decided, 26 related to the Insurance Ordinance, 2000, six to the Securities Act, 2015, 22 to matters under the Companies Ordinance, 1984 and the Companies Act, 2017, and six to violations of the Non-Banking Finance Companies Regulations, 2008. The remaining 40 appeals concerned breaches of the SECP Anti-Money Laundering and Countering Financing of Terrorism Regulations, 2018 and 2020. The Appellate Bench upheld 94 orders issued by adjudicating authorities and set aside six, while the Appellate Bench Registry registered 92 new appeals during the same period.
Securites & Exchange Commission of Pakistan 2025-03-24
Securities and Exchange Commission of Pakistan reports its Appellate Bench disposed of 100 appeals over March 2024 to March 2025
The Securities and Exchange Commission of Pakistan's Appellate Bench resolved 100 appeals from March 2024 to March 2025, with all decisions published online. The appeals addressed issues under various regulations, including the Insurance Ordinance, Securities Act, Companies Ordinance, and Anti-Money Laundering and Countering Financing of Terrorism Regulations. Of these, 94 orders were upheld, six overturned, and 92 new appeals registered.