The SECP Appellate Body rejects the appeals of United Insurance and SPI Insurance – Trendy Blogger

The SECP Appellate Body rejects the appeals of United Insurance and SPI Insurance

 – Trendy Blogger

The Appellate Body of the Securities and Exchange Commission of Pakistan (SECP) has dismissed the appeals filed by United Insurance Pakistan Limited and SPI Insurance Limited, which have now been fully merged into United Insurance. The appeals challenged the SEC’s guidance regarding the collection of insurance security and the subsequent penalty for noncompliance. The first … Read more