SECP arranges Interactive Session to address Problems of NBMFCs

ISLAMABAD: October 20: Over the last one year, SECP has undertaken a thorough revamping of the regulatory framework for non-bank micro finance companies (NBMFCs). various measures have been taken with the specific objectives of improving ease of doing business by NBMFCs which includes reduction in fees, exemption of ancillary operators from requirements of certain rules and amendments in Fit &Proper criteria, etc.