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The Foreign Exchange Regulation Act, 1947 (known as FERA) is a law enacted and was officially published by the Government of Pakistan and still applicable in Bangladesh, which was East Pakistan before independence, to regulate certain payments, dealings in foreign exchange and securities, and the import and export of currency and bullion.
Foreign exchange regulation is a form of financial regulation specifically aimed at the Forex market that is decentralized and operates with no central exchange or clearing house. Due to its decentralized and global nature, the foreign exchange market has been more prone to foreign exchange fraud and has been less regulated than other financial ...
National Bank of North Macedonia ; Securities and Exchange Commission (SEC) ; Insurance Supervision Agency (ISA) Norway: Financial Supervisory Authority (Finanstilsynet) Oman: Capital Market Authority: Pakistan: State Bank of Pakistan ; Securities and Exchange Commission of Pakistan (SECP) Palestinian National Authority
De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating ) Soft pegs ( conventional peg , stabilized arrangement , crawling peg , crawl-like arrangement , pegged exchange rate within horizontal bands )
The Securities and Exchange Commission of Pakistan (SECP) (Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital ...
In light of the charges, the State Bank of Pakistan revoked the license for Khanani and Kalia International to operate its foreign exchange business and shut down its offices. On March 5, 2011, the directors of Khanani and Kailia International and four bankers were acquitted of all charges due to lack of evidence. The judge cited the ...
Treaties concluded or ratified by Pakistan. Where appropriate, articles should be placed in the subcategories. Where appropriate, articles should be placed in the subcategories. This category may contain articles about treaties concluded or ratified by Pakistan since 23 March 1956, which is the date Pakistan adopted a constitution whereby it ...
The EF wing also allocates and utilizes foreign exchange and releases and maintains the funds for both civil departments and the armed forces. [ 6 ] External Finance Policy Wing : Basic functions include the compilation of the Pakistan government's principal policy for macroeconomic governance and poverty reduction.