SECP introduces Sample Memorandums of Association for NBFCs


The Securities and Exchange Commission of Pakistan (SECP) to further simplify the incorporation of Non-Banking Finance Companies (NBFCs), has introduced specimens/samples of memorandum of associations (MOAs) of different NBFC sectors.

The sample MOAs are available at the SECP’s website, and can be used for incorporation of NBFC, said a press release issued here.

The MOAs specimen includes, Private Fund Management, REIT Management, Asset Management, Pension Fund Management, Micro Financing, Discounting Services, Housing Finance, Leasing, Investment advisory, Investment Finance and Securities Adviser/Futures Adviser.—APP


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