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SECP asks companies to facilitate vaccination of employees

Daily Times July 20, 2021 The Securities and Exchange Commission of Pakistan (SECP) has asked companies to ensure their employees and their families get vaccinated. The SECP has advised over 146,000 companies registered with it, to ensure that their employees/workers, including their families, get vaccinated as soon as possible to support the national campaign to prevent COVID-19,said a press release issued by SECP here on Monday. In this regard, SECP has issued a circular to all public listed companies, public unlisted and private companies, associations, trade bodies, chambers, non-bank microfinance companies, modarabas, insurance companies, NBFIs, brokers, intermediaries. The companies are also advised to encourage their business suppliers, vendors and customers to get themselves and their families vaccinated, at the earliest.

Tarin chairs CMAC meeting to reform capital markets

Daily Times The underlying rationale is to attract investors, especially ones with lesser resources, to contribute in capital markets July 20, 2021 Federal Minister for Finance and Revenue Shaukat Tarin chaired the first meeting of the Capital Market Advisory Council (CMAC), which was established to introduce reforms in the capital markets in the country. According to press statement issued by the finance ministry, Special Assistant to Prime Minister on Finance and Revenue DrWaqar Masood, Secretary Finance Division, Chairman Securities and Exchange Commission of Pakistan (SECP) Aamir Khan, Chairman HBL Sultan Ali Allana and other senior officials participated in the meeting. Governor State Bank of Pakistan (SBP) Reza Baqir joined through a video link, the statement added.Capital Market Advisory Council was established (CMAC) in April 2020 under the Capital Market Development Plan (CMDP).

Firms asked to ensure vaccination

Firms asked to ensure vaccination July 20, 2021 ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has advised over 146,000 companies registered with it, to ensure that their employees/workers, including their families, get vaccinated as soon as possible. In this regard, SECP has issued a circular to all public listed companies, public unlisted and private companies, associations, trade bodies, chambers, non-bank microfinance companies, modarabas, insurance companies, NBFIs, brokers, intermediaries etc. The companies have also been advised to encourage their business suppliers, vendors and customers to get themselves and their families vaccinated, at the earliest. The companies were informed that in order to speed up the vaccination drive, the government of Pakistan has made vaccination mandatory for office workers. It was reiterated that vaccination was seen as the only viable way to counter this global health crisis, as those who have not received the vaccine we

Tarin directs setting up body for capital market development

Tarin directs setting up body for capital market development July 20, 2021 ISLAMABAD: Finance Minister Shaukat Tarin on Monday directed concerned authorities to set up a coordination committee to implement recommendations for the development of the country’s capital market roadmap, which was prepared by the Capital Market Advisory Council (CMAC). The minister chaired the first meeting of the CMAC held at the Finance Division. Special Assistant to the Prime Minister on Finance and Revenue Dr Waqar Masood, secretary finance division, Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan, HBL Chairman Sultan Ali Allana and other senior officials participated in the meeting. State Bank of Pakistan Governor Reza Baqir joined through a video link.

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