Corporate Regulatory Law
The Corporate Governance Regulatory Framework is required to be followed by all banks/DFIs. All banks will also follow ‘Listed Companies (Code of Corporate Governance) Regulations’ issued by the Securities & Exchange Commission of Pakistan (SECP) so long as any provision thereof does not conflict with any provision of the Banking Companies Ordinance 1962 or any Regulations and other instructions/guidelines issued by the State Bank of Pakistan (SBP) from time to time. Foreign banks are required to adhere to the provisions of Framework, except as otherwise specified. However, as foreign banks do not have to form local boards, therefore, regulatory requirements related to board of directors will not be applicable to them.
ANZ Partners Advocates|Barristers|Consultants – A Legal500 Certified Law Firm – through its Partners and Associates understands and practices within this area of law and its advocates and barristers are fully equipped to safeguard its Clients’ rights in such matters. For a nominal cost, exceptionally professional legal service and a bond to keep with the Firm for all times to come – the Firm takes pride in representing you and your best interests before any Forum of Law