Pre-legislative scrutiny is a process whereby draft legislation is offered to be considered by a committee, group or any individual before a draft law is formally placed before the law making authority. The process acts as an additional stage of scrutiny/examination and provides an opportunity for more detailed and considered analysis of a draft law and its contents. Pre-legislative scrutiny provides an opportunity for more considered debate and analysis of draft legislation. It provides a legitimate space for the articulation of stakeholder views and perspectives and enables citizens to influence legislation at a formative stage. In the long run, pre-legislative scrutiny can help improve the quality of legislation.
SECP also follows the process of pre-legislative scrutiny as required under the assigned statutes for the draft laws, rules or regulations as well as any amendment in the existing law, rules or regulations by publishing them in the official Gazette, newspapers and also placing the same on its website enabling stakeholders and public to send their comments at an early stage in the legislative process in order to take on broad different views and perspective. Effective operationalization of this provision of the assigned laws is an institutional mechanism through which the legislative process can be made more transparent and participatory. Internationally, in many countries, pre-legislative scrutiny is an established process through which citizens are encouraged to give their comments and feedback on proposed legislation.
Draft Laws
Date Added | Title | Download |
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31/05/2017 | Draft Modaraba Bill, 2017 | Download |
Draft Rules and Regulations
Date Added | Title | Download |
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22/04/2015 | Draft Modaraba Regulations, 2015 | Download |
16/11/2015 | Draft Public Offering and Disclosures Regulations, 2015 | Download |
05/01/2016 | Draft Listed Companies (Buy Back of Shares) Regulations 2016 | Download |
26/02/2016 | Draft amendments in the Modaraba Companies and Modaraba Rules, 1981 | Download |
24/03/2016 | Draft Bond Pricing Agency Rules, 2016 | Download |
31/03/2016 | Draft Private Placement of Securities Rules, 2016 | Download |
12/04/2016 | Draft Public Offering of Securities Rules, 2016 | Download |
12/04/2016 | Draft Public Offering of Securities Rules, 2016 | Download |
13/04/2016 | Draft Centralized (Know Your Customer) Organization Rules, 2016 | Download |
20/04/2016 | Draft Valuers Registration and Governance Regulations, 2016 | Download |
21/04/2016 | Draft Advisers and Consultants to the Issue of Securities Rules, 2016 | Download |
26/04/2016 | Draft Amendment in the Non-Banking Finance Companies and Notified Entities Regulations, 2008 | Download |
11/05/2016 | Draft Securities Exchange (Licensing and Operations) Regulations, 2016 | Download |
11/05/2016 | Draft Employees Provident Fund Investment in Listed Securities Rules 2016 | Download |
25/05/2016 | Revision of Audit Report Format as prescribed in form 35(A) and Form 35(C) of the Companies (General Provisions and Forms) Rules, 1985 | Download |
01/06/2016 | Draft Centralized Customer Fund Regulations 2016 | Download |
01/06/2016 | Draft Customer Compensastion Fund Rules 2016 | Download |
02/06/2016 | Draft Credit Suretyship Rules 2016 | Download |
08/06/2016 | Draft amendments in the Non-Banking Finance Companies and Notified Entities Regulations , 2008 | Download |
21/06/2016 | Sound and Prudent Regulations, 2012 | Download |
30/06/2016 | Draft Shares Registrar & Balloters Regulations, 2016 | Download |
09/08/2016 | Draft Amendments to the Central Depositories (Licensing and Operations) Regulations, 2016 | Download |
09/08/2016 | Draft Amendments to the Central Depositors (Licensing and Operations) Regulations, 2016 | Download |
22/08/2016 | Draft Amendments to Voluntary Pension System Rules, 2005 | Download |
23/08/2016 | Draft amendments to the Public Sectors Companies (Corporate Governance) Rules, 2013 | Download |
06/09/2016 | Second draft of valuers Registration and Governance Regulations | Download |
06/09/2016 | SRO 844(I)/2016 (Draft amendments in the Small Dispute Resolution Committees (Constitution and Procedure) Rules, 2015 | Download |
07/09/2016 | Draft Underwriters Regulations, 2016 | Download |
18/10/2016 | Amendments to the Reporting and Disclosure (of Shareholding by Directors, Executive Directors and Substantial Shareholders in Listed Companies) | Download |
03/11/2016 | Draft Amendments in NBFC and Notified Entities Regulations 2008 | Download |
08/11/2016 | SRO 1040(I)/2016 (Draft amendments in NBFC Regulations) | Download |
09/11/2016 | Debt Securities Trustees Regulations, 2016 | Download |
10/11/2016 | Draft Securities and Futures Advisers (Licensing and Operations) Regulations, 2016 | Download |
10/11/2016 | Draft Securities and Futures Advisers Regulations 2016 | Download |
02/12/2016 | Listed companies (substantial acquisition of voting shares and takeovers) Regulations, 2016 | Download |
07/12/2016 | SRO 1144(I)/2016 Collateral management and warehousing (establishment and operations) regulations, 2016 | Download |
09/12/2016 | SRO 1146(I)/2016 (Draft amendments in VPS rules, 2005) | Download |
20/02/2017 | SRO 102 (I)/2017 (Amendments in Securities Brokers Regulations, 2016) | Download |
11/04/2017 | Draft Sukuk (Amendments) Regulations, 2017 | Download |
18/04/2017 | SRO 262 (I)/2017 Draft Amendments to the Insurance Rules, 2017 | Download |
10/05/2017 | SRO 314 (I)/2017 Draft Amendments to the Research Analyst Regulations, 2015 | Download |
16/05/2017 | SRO 349 (I)/2017 Draft Whistle blowing Regulations, 2017 | Download |
22/05/2017 | SRO 354 (I)/2017 Amendments in NBFC & Notified Entities Regulations, 2008 | Download |
06/06/2017 | SRO 422 (I)/2017 Draft Limited Liability Partnership Regulations, 2017 | Download |
06/06/2017 | SRO 423 (I)/2017 Draft Companies (Incorporation) Regulations, 2017 | Download |
06/06/2017 | SRO 424 (I)/2017 Draft Intermediaries (Registration) Regulations, 2017 | Download |
15/06/2017 | SRO 471 (I)/2017 Draft Auditors (Reporting Obligations) Regulations, 2017 | Download |
16/06/2017 | SRO 473 (I)/2017 Draft Unclaimed Shares, Modaraba Certificates, dividend and other instruments Regulations, 2017 | Download |
16/06/2017 | SRO 474 (I)/2017 Draft Investor Education and Awareness Fund Rules, 2017 | Download |
03/08/2017 | SRO 754 (I)/2017 Draft Futures Brokers (Licensing & Operation) Regulations, 2017 | Download |
17/08/2017 | SRO 832 (I)/2017 Licensing of Accredited Representatives Regulations, 2017 | Download |
08/09/2017 | SRO 909 (I)/2017 Professional Clearing Members (Licensing and Operations) Regulations, 2017 | Download |
18/09/2017 | SRO 928 (I)/2017 Shariah Advisors Regulations, 2017 | Download |
05/10/2017 | SRO 1006 (I)/2017 Draft Companies (Distribution of Dividend) Regulations 2017 | Download |
06/10/2017 | SRO 1009 (I)/2017 Draft Companies (Investment in Associated Companies or Associated Undertakings) Regulations, 2017 | Download |
11/10/2017 | SRO 1026 (I)/2017 The Companies (Compliance and Reporting) Regulations, 2017 | Download |
11/10/2017 | Annexures of Draft Regulations (The Companies (Compliance and Reporting) SRO 1026 (I)/2017) | Download |
23/10/2017 | SRO 1069 (I)/2017 Draft Valuers Regulations | Download |
08/11/2017 | SRO 1162 (I)/2017 Amendments to Securities and Futures Advisers (Licensing and Operations) Regulations, 2017 | Download |
14/11/2017 | SRO 1177 (I)/2017 Securities Manager (Licensing and Operations) Regulations, 2017 | Download |
14/11/2017 | SRO 1174 (I)/2017 Draft amendments to Public Offering Regulations, 2017 | Download |
15/11/2017 | Comparative Sheet for providing comments on draft amendments in the Public Offering Regulations notified Vide S R O 1174(I)/2017 | Download |
17/11/2017 | SRO 1194 (I)/2017 Draft Amendments in Securities Brokers (Liccensing and Operations) Regulations | Download |
22/11/2017 | SRO 1208 (I)/2017 The Companies (Mediation and Conciliation) Regulations, 2017 | Download |
22/11/2017 | SRO 1209 (I)/2017 The Foreign Companies Regulations, 2017 | Download |
23/11/2017 | SRO 1215 (I)/2017 Amendments to PMEX Regulations, 2017 | Download |
30/11/2017 | SRO 1226 (I)/2017 Amendments to Clearing Houses (Licensing and Operations) Regulations, 2017 | Download |
12/12/2017 | SRO 1247(I)/2017 Notification amendments in Stock Exchange Regulations | Download |
13/12/2017 | SRO1245 (I)/2017 Draft Intermediaries (Registration) Regulations, 2017 | Download |
13/12/2017 | SRO 1222 (I)/2017 Draft Shariah Standards of AAOIFI (With Annexes) | Download |
18/12/2017 | S.R.O. 1256 (I) 2017 draft Securities (Leverage Markets and Pledging) Rules, 2017 | Download |
26/12/2017 | Draft Companies (Registration Offices) Regulations, 2017 | Download |
01/01/2018 | Draft Companies (Postal Ballot) Regulations, 2017 | Download |
05/01/2018 | Draft Amendments by the SECP in the Securities Exchanges (Licensing and Operations) Regulations, 2016 | Download |
17/01/2018 | Draft Employees Contributory Fund (Investment in Listed Securities) Regulations, 2018 | Download |
19/01/2018 | Draft Corporate Restructuring Companies Rules 2018 | Download |
30/01/2018 | Draft amendments to the Securities and Futures Advisers (Licensing and Operations) Regulations, 2017 | Download |
16/02/2018 | Draft amendment to the Companies (Distribution of Dividends) Regulations, 2017 | Download |
02/03/2018 | Draft Shariah Governance Regulations, 2018 | Download |
02/03/2018 | Draft Amendment-Incorporation Regulations, 2017 | Download |
08/03/2018 | Draft of Search and Seizure Rules 2017 | Download |
16/03/2018 | Draft Manner and Selection of Independent Director Regulations, 2018 | Download |
27/03/2018 | Revised Draft Limited Liability Partnership Regulations, 2018 | Download |
10/04/2018 | Draft Shariah Standards no: 21 | Download |
10/04/2018 | Draft Employees Contributory Fund (Investment in Listed Securities) Regulations, 2018 | Download |