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SECP Issues Notices to 28,761 Companies Over Failure to Disclose Beneficial Owners

SECP Approves Reforms to Improve Pakistan’s Performance Under World Bank’s B-READY Framework

ISLAMABAD, September 3, 2026: The Securities and Exchange Commission of Pakistan (SECP) has issued show-cause notices to 28,761 companies for failing to disclose their Ultimate Beneficial Owners (UBOs). Every registered company in Pakistan is required to identify and report the individuals who ultimately own or control the company by filing …

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