Fairtrade Capital faces action for office closure violations

June 30, 2025 (MLN): Fairtrade Capital Securities (Private) Limited has come under regulatory scrutiny after a recent System Audit Report revealed that the company has no principal place of business.

In addition to this, Fairtrade Capital was found to have breached multiple provisions outlined in Chapter 22 of the Pakistan Stock Exchange (PSX) Regulations.

These violations pertain specifically to the closure or shifting of its office, which must be carried out in accordance with established regulatory guidelines, as per the notice issued by PSX.

Given the seriousness of these infractions and following the completion of the due regulatory process, the PSX has taken enforcement action.

As a result, proprietary trading by Fairtrade Capital has been restricted under PSX Regulations 20.5.2.

This restriction has been formally imposed through an Enforcement Order dated June 27, 2025.