On 23 April 2026, PAK SEC proposed to relax rules on shareholding limits.
- PAK SEC drafted notifications regarding amendments to the Central Depository (Licensing & Operations) Regulations, 2016 and revisions to the Clearing Houses (Licensing and Operations) Regulations, 2016.
Amendments
- PAK SEC proposes to amend sub-regulation 3 of regulation 8 within both Regulations on limitations of shareholding requirements, introducing the following exemptions.
- The shareholding of a foreign strategic or anchor investor in the securities exchange shall be excluded from the prescribed limit applicable to foreign investors.
- Any indirect shareholding acquired by foreign investors through the secondary market in the securities exchange and in financial institutions shall also be excluded from the limit applicable to foreign investors.
Effectiveness
- Public comments within 14 days from the date of publication on PAK SEC website, i.e., by 7 May 2026.
