SECP’s eServices integrated with Pakistan MNP Database

MG News | January 25, 2021 at 05:57 PM GMT+05:00

0:00

January 25, 2021: To further improve the security of electronic filings and the company registration process, the Securities and Exchange Commission of Pakistan (SECP) has integrated its eServices with Pakistan Mobile Number Portability (MNP) Database (Guarantee) Limited to verify the cell number of applicants against their CNICs.

The verification of the cell phone number of directors and sponsors of a company will also eliminate the chances of misuse of CNIC or cell number of any individual for fraudulent purposes. Verification of CNICs with NADRA databases is already in practice. The whole verification process is fully electronic and instant. It is an important development in the context of challenges posed by AML and CFT also.

The SECP has provided the facility of online submissions of returns since 2008. Since then it has been continuously working on the improvement of its online portal “eServices” in order to ensure secure and efficient service delivery to the entrepreneurs and the corporate sector.

Press Release

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,236.95 129.06M	-0.51% -878.87
ALLSHR	102,279.78 328.10M	-0.34% -351.04
KSE30	50,982.65 29.93M	-0.96% -495.89
KMI30	244,261.38 30.65M	-0.60% -1470.41
KMIALLSHR	66,371.19 163.58M	-0.42% -279.13
BKTi	46,986.82 8.97M	-0.62% -292.77
OGTi	35,325.81 1.83M	-1.06% -379.13

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,965.00	82,725.00 80,640.00	580.00 0.72%
BRENT CRUDE	105.27	105.99 103.82	3.98 3.93%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	107.10	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	99.75	100.37 97.65	4.33 4.54%
SUGAR #11 WORLD	14.69	0.00 0.00	0.00 0.00%