The Securities and Exchange Commission of Pakistan has reiterated its support for implementing a robust corporate restructuring regime for distressed entities, following a series of engagements with licensed Corporate Restructuring Companies and the banking industry. In meetings with the chief executive officers of Pakistan Corporate Restructuring Company Limited and Awwal Corporate Restructuring Company Limited, the Commissioner for the Licensing and Registration Division confirmed SECP’s regulatory backing and called on Corporate Restructuring Companies to expand outreach to industry stakeholders and take a more active role in business rehabilitation. Separate discussions with the Pakistan Banks’ Association focused on improving coordination among Corporate Restructuring Companies, commercial banks and Development Finance Institutions, including establishing more effective mechanisms for restructuring non-performing loans to support sustainable business revival and financial sector stability.
Securites & Exchange Commission of Pakistan 2025-10-02
Securities and Exchange Commission of Pakistan reaffirms commitment to the corporate restructuring framework and urges stronger coordination among restructuring companies and banks
The Securities and Exchange Commission of Pakistan (SECP) reaffirmed its commitment to a robust corporate restructuring regime for distressed entities. SECP urged Corporate Restructuring Companies to enhance stakeholder engagement and play a proactive role in business rehabilitation. Discussions with the Pakistan Banks’ Association emphasized better coordination among restructuring entities and financial institutions to improve non-performing loan restructuring and ensure financial stability.