PSX invites public feedback on corporate briefing, fund rules

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MG News | September 01, 2025 at 11:36 AM GMT+05:00

September 01, 2025 (MLN) : The Pakistan Stock Exchange (PSX) has issued proposed amendments to its regulations covering corporate briefing sessions, the Centralized Customers Protection Compensation Fund (CCPF), and the schedule of charges.

According to the draft shared by the Exchange, listed companies will be required to hold at least one Corporate Briefing Session (CBS) within 30 days of their annual general or review meeting, with mandatory participation of CEOs and CFOs.

Companies must also ensure wider investor access by providing both physical and virtual participation facilities, publish presentations in advance, and disclose session recordings, as per the notice issued by PSX.

Non-compliance, including failure to hold or cancellation of CBS, will attract a penalty of Rs100,000 and a daily fine of Rs2,000.

The amendments also propose revised contribution rates from securities brokers to the CCPF, effective August 29, 2028, or earlier if the fund balance falls below the SECP-specified threshold.

Similarly, a revised regulatory fee structure has been suggested, which will be discontinued upon implementation of the new CCPF levy.

PSX has invited stakeholders to submit their comments on the proposed changes via email or mail to its Regulatory Affairs Division.

Feedback will be published in a response paper, unless confidentiality is requested.

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