SECP – Active websites obligatory for companies

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    SECP - Active websites obligatory for companies

    According to Pakistan’s latest news, taking serious note of non-compliance, the Securities and Exchange Commission of Pakistan (SECP) has issued directions to 496 public non-listed companies to ensure that they operate functional company websites by the end of December 2015.

    The corporate sector regulator had earlier notified all listed and non-listed companies in July 2014 to maintain active websites having detailed information about the company, its objectives, governance structure, election of directors and financial position to benefit its members, potential investors, and the general public.

    However, in July 2015 the companies were further directed to place the web link of JamaPunji, an investor education programme developed by the SECP, on their websites.

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