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Duterte signs FIST bill into law, a move seen to help keep banking system stable

Duterte signs FIST bill into law, a move seen to help keep banking system stable
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

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SECP Allows Pension Fund Managers to Digitally Open Individual Pension Accounts

The Securities and Exchange Commission of Pakistan (SECP) has allowed Pension Fund Managers to digitally open Individual Pension Accounts by complying

National identity card for overseas pakistanisAsset management companies amcsPakistan mobile network databasePension fund managersMutual funds association of pakistanCompanies ordinanceExchange commission of pakistan antiBank accountExchange commission of pakistanOfficers of pension fund management companiesTrustees of pension fundsExchange commissionIndividual pension accountsDigital account openingAsset management companiesChief executive officers

State Bank of Pakistan modernizes foreign exchange regulations to facilitate start-ups, fintechs and exports

State Bank of Pakistan modernizes foreign exchange regulations to facilitate start-ups, fintechs and exports Karachi, February 10, 2021 (PPI-OT): State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to facilitate Start-ups, Fintechs and Exports. The new policy for equity investment abroad will attract foreign direct investment through the establishment of holding companies by Pakistani fintechs and startups; support exports by facilitating exporters to establish subsidiaries or branch offices outside Pakistan; and, allow resident Pakistanis to acquire sweat equity, amongst other changes to the Foreign Exchange (FX) regulations. Further changes in the foreign exchange regulations will facilitate portfolio investment in the country including mutual funds, Exchange Traded Funds (ETF) and Real Estate Investment Trust (REIT) Funds through Pak rupee based Roshan Digital Account (RDA) and Special Convertible Rupee Account (SCRA). SBP, after appr

Real estate investment trustFund management companiesAsset management companies amcsStock exchangeForeign exchange manualForeign exchangeExchange traded fundsEstablishment of holding companyState bankRoshan digital accountSpecial convertible rupee accountFederal governmentHolding companyPakistani fintechResident individualsPrivate funds

SBP announces changes in FX regulations

SBP has allowed the trading of units of funds quoted at SCRA and PKR version of Roshan Digital Account

Fund management companiesExchange commission of pakistanAsset management companies amcsStock exchangeState bankSpecial convertible rupee accountsRoshan digitalMutual fundsOpen end schemesAsset management companiesPrivate fund management companiesExchange commissionநிதி மேலாண்மை நிறுவனங்கள்பரிமாற்றம் தரகு ஆஃப் பாக்கிஸ்தான்ஸ்டாக் பரிமாற்றம்நிலை வங்கி

SBP Modernizes Foreign Exchange Regulations to Facilitate Start-ups, FinTechs and Exports

State Bank of Pakistan (SBP) has notified the revisions in Foreign Exchange Manual (chapter 20) to facilitate startups, fintechs, and exports.

Real estate investment trustFund management companiesAsset management companies amcsStock exchangeForeign exchange manualForeign exchangeExchange traded fundsEstablishment of holding companyState bankRoshan digital accountSpecial convertible rupee accountFederal governmentHolding companyPakistani fintechResident individualsPrivate funds