SECP Updates Approved Auditor Criteria for Financial Institutions
The Securities and Exchange Commission of Pakistan (SECP) has revised the eligibility criteria for audit firms appointed by financial institutions … Read More The post SECP Updates Approved Auditor Criteria for Financial Institutions appeared first on ProPakistani .
The Securities and Exchange Commission of Pakistan (SECP) has revised the eligibility criteria for audit firms appointed by financial institutions and other regulated entities. The updated framework, outlined in Circular No. 24 of 2026, applies to entities regulated under various laws, including the Securities Act, 2015, the Futures Market Act, 2016, the Insurance Ordinance, 2000, and the Companies Act, 2017.
The SECP has divided eligible audit firms into two categories based on the nature of regulated entities, their licensing status, and asset thresholds. The first category covers larger regulated entities, while the second category is for smaller entities. Approved audit firms in both categories are listed in the report.
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