Securities and Exchange Commission of Pakistan (SECP) has reduced regulatory tariffs to make capital market more attractive investment avenue.
The Commission approved revision in tariff structures of National Clearing Company of Pakistan Limited and Central Depository Company of Pakistan Limited.
According to a press release of the commission, the reduction in regulatory charges will further minimize the investor related costs in different segments of equity and debt market and make it a more competitive investment avenue.
Under revised tariff structures, the sub-account maintenance fee of sub-account holders maintaining Investor Accounts with CDC has been waived off.
Tariff for annual fee of redeemable securities have also been substantially reduced by almost 70% to support corporate debt market.
Source: Radio Pakistan