Pakistan, July 5 -- The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP), in interest of timely justice and regulatory accountability has disposed 124 appeals during the financial year 2024-2025.

Of the appeals decided, 22 cases pertained to the Insurance Ordinance, 2000, while 15 were related to the Securities Act, 2015. Additionally, 34 appeals involved provisions of the Companies Ordinance, 1984, and the Companies Act, 2017, and 05 appeals addressed violations of the Non-Banking Finance Companies Regulations, 2008, said a press release issued here on Friday.

The remaining 48 appeals concerned breaches of the SECP's Anti-Money Laundering and Countering Financing of Terrorism Regulations, 2018 and 2020. Out ...