SECP issues draft Collateral Management Companies Regulations, 2019

ISLAMABAD, July 3: In order to promote electronic trading and warehouse receipt financing of agricultural commodities, the SECP has formulated draft Collateral Management Companies Regulations, 2019 under the Companies Act, 2017.

Any public limited company with an equity of Rs 200 million or higher will be eligible for seeking permission of SECP to register as a Collateral Management Company.