The Securities and Exchange Commission of Pakistan has issued business line specific checklists for Non-Banking Finance Companies (NBFCs) to provide clearer, more structured guidance on documentation and procedural requirements for licensing and ongoing compliance. The checklists are intended to reduce ambiguity and processing time for sponsors, applicants and existing licence holders. The materials cover Asset Management Services, Investment Finance Services, Leasing, Housing Finance, Microfinance, Discounting Services, Venture Capital and Private Equity, Non-Bank Microfinance Institutions and REIT Management Services. SECP has made the checklists publicly available on its website under the NBFC licensing section.
Securites & Exchange Commission of Pakistan 2025-05-16
Securities and Exchange Commission of Pakistan publishes tailored licensing checklists for non-banking finance companies
The Securities and Exchange Commission of Pakistan has released business line specific checklists for Non-Banking Finance Companies (NBFCs) to streamline documentation and procedural requirements for licensing and compliance. These checklists aim to reduce ambiguity and processing time for sponsors, applicants, and existing license holders. They cover various services including Asset Management, Investment Finance, Leasing, and Microfinance.