
policyPakistan
NBFCs dealing in guarantees: SECP amends criteria of qualified capital
(Sohail Sarfraz) · Business Recorder · Business & FinanceRead original ↗
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has amended the criteria for qualified capital of non-banking finance companies (NBFCs) engaged exclusively in the business of issuing guarantees, introducing “Ring-Fenced Capital” as an additional component of…