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SECP prescribes rating requirement for investment in short term instruments by CISs

To protect unitholders’ investments in various schemes launched by asset management companies (AMCs) and to improve transparency and efficiency, the Securities and Exchange Commission of Pakistan (SECP) has specified rating requirement for investment in short term debt instruments by open-ended collective investment schemes (CIS). ....

Exchange Commission Of Pakistan , Pakistan Credit Rating Agency Limited , Credit Rating Co , Mutual Fund Association Of Pakistan , Exchange Commission , Open End Collective Investment Schemes , Mutual Fund Association , Shariah Compliant , Balanced Scheme ,