New UBO registry brings transparency to corporate ownership

MG News | March 09, 2026 at 10:47 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 09, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has introduced a new digital Ultimate Beneficial Ownership (UBO) registry, which aims to bring transparency to company ownership.

The online platform will store information about the ultimate owners of all registered companies, making it easier to track and verify real ownership.

Under the new system, providing details of ultimate beneficial owners is now mandatory for all companies, according to a press release issued.

Newly registered companies must submit ownership information via Form 1, while existing companies are required to update their records annually using Form 19.

According to the SECP, the UBO registry will help prevent the illegal use of companies and ensure compliance with anti-money laundering regulations, enhancing corporate accountability and governance across Pakistan.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,873.88 195.45M	0.28% 500.11
ALLSHR	106,712.07 1,040.19M	0.56% 589.19
KSE30	51,887.21 103.81M	0.29% 152.18
KMI30	255,042.46 89.67M	0.46% 1169.47
KMIALLSHR	69,162.85 342.71M	0.85% 584.42
BKTi	48,733.27 19.48M	-0.22% -108.13
OGTi	36,043.06 20.06M	2.70% 947.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,435.00	68,420.00 62,435.00	-6480.00 -9.40%
BRENT CRUDE	96.29	97.13 95.06	0.47 0.49%
RICHARDS BAY COAL MONTHLY	127.15	0.00 0.00	-1.45 -1.13%
ROTTERDAM COAL MONTHLY	138.00	138.00 137.90	0.60 0.44%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	88.92	89.64 87.80	0.18 0.20%
SUGAR #11 WORLD	18.40	18.54 18.16	0.18 0.99%