Unlisted financial sector sees 88% compliance in annual filings

February 19, 2026 (MLN): In a move to enhance transparency in the financial sector, 88% of licensed companies have uploaded their annual audited financial statements on the Financial Portal for Unlisted Companies of the Pakistan Stock Exchange, in compliance with directives issued by the Securities and Exchange Commission of Pakistan (SECP).

The SECP had instructed in January last year that all licensed financial sector companies not listed on the stock exchange must publish their annual audited financial statements on the designated PSX portal to ensure public access to their financial reports, according to a press release issued.

For this purpose, companies were required to enter into formal agreements with the stock exchange before uploading their statements.

According to the regulator, making these financial statements publicly accessible is aimed at strengthening transparency, improving stakeholders’ access to critical company information, and promoting better governance practices within financial institutions.

Public disclosure also enables investors and other stakeholders to more effectively evaluate companies’ financial health and overall performance.

The SECP’s licensed entities include brokerage firms, insurance companies, non-banking finance companies, modaraba companies, and other regulated institutions.

The regulator noted that the majority of these entities have complied by uploading their 2025 annual financial statements to the portal.

The SECP further stated that action is being initiated under the applicable regulatory framework against companies that have yet to comply.

The Commission reaffirmed its commitment to promoting transparency, strengthening governance standards, and safeguarding investor interests across Pakistan’s financial services sector.

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