Corporate Regulatory Law

The Corporate Governance Regulatory Framework mandates compliance for all banks and Development Finance Institutions (DFIs). Banks are required to adhere to the 'Listed Companies (Code of Corporate Governance) Regulations' issued by the Securities & Exchange Commission of Pakistan (SECP), provided these regulations do not conflict with the provisions of the Banking Companies Ordinance 1962 or any other regulations and guidelines issued by the State Bank of Pakistan (SBP). Foreign banks must follow the Framework, except where otherwise specified. However, since foreign banks are not required to establish local boards, regulatory requirements related to the board of directors do not apply to them.

Legal Sols Advocates, through its partners and associates, has expertise in this area of law. Its advocates are well-equipped to ensure compliance with corporate governance regulations and protect clients' rights. For a nominal fee, the firm offers exceptional legal services and fosters long-term relationships with its clients. Legal Sols takes pride in representing your best interests before any legal forum.

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