SECP to reform REIT rules framework tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
SECP Chairman Addresses Virtual Roundtable on Revamping REIT Regulations
Addressing a consultative roundtable, organized to discuss draft amendments to the REIT Regulations, 2015, the SECP Chairman, Aamir Khan reiterated the regulator’s resolve to reform the regulatory framework for REITs in the country, with the aim to move towards disclosure-based issuance, providing requisite support for growth of REIT schemes, reducing entry barriers and attracting PPP-based infrastructure projects into the realm of REITs.
A departmental presentation, delivered at the occasion, explained the major reforms proposed with regard to revamping of conventional REIT model, allowing REITs to invest either in Real Estate directly or through investments in Special Purpose Companies, introducing the concept of public private partnership-based infrastructure projects under the REIT umbrella, etc.
SECP holds awareness seminar on ETFs
Commissioner says a number of excellent theme-based ETFs are in pipeline ISLAMABAD:
Exchange Traded Funds (ETFs) are popular internationally and global market size of ETFs is around $7 trillion - which represents more than 20% of the Global Equity AUMs, said Securities and Exchange Commission of Pakistan (SECP) Commissioner Farrukh Sabzwari.
Speaking at a seminar organised by SECP to increase awareness regarding ETFs, a new investment product, launched recently in Pakistan’s capital market, Sabzwari highlighted that the diversified and low-cost ETFs promise exciting space for investors.
Furthermore, the commissioner revealed that a number of excellent theme-based ETFs were in the pipeline.