Introduction

Securities and Exchange Commission of Pakistan issued Circular No 01 of 2019 dated January 15, 2019.

Commentary

Circular No. 01 of 2019 – Dated January 15, 2019 issued by SECP, whereby format is prescribed for undertaking required under Clause 1 of the Anti-Money Laundering Notification Directive S.R.O 1525 (I)/2018 dated December 14, 2018 from every eligible person who has made application for issuance of license / renewal of license, as an insurance surveyor pursuant to Section 112 of the Insurance Ordinance 2000.

The Format of Undertaking has been attached with the Circular No 1 of 2019.

Link of Document

Circular no. 1 of 2019 – Undertaking required under AML notification Directive SRO 1525(I)-2018 from Insurance Surveyors