SECP unveils key reforms to strengthen insurance bonds, guarantees
The Securities and Exchange Commission of Pakistan (SECP) has proposed key reforms to make insurance bonds and guarantees more secure and reliable.
September 16, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has proposed key reforms to make insurance bonds and guarantees more secure and reliable. According to SECP, the reforms will make insurance guarantees used in construction projects, government contracts, imports, and commercial activities more effective. The new framework will improve financial protection for contractors, businesses...