Our partner Mr. Mazhar Bangash, Head of RIAA Barker Gillette’s Trade Law Department, has been appointed as an arbitrator by the Dispute Settlement Body, World Trade Organization in a trade dispute between the USA and South Korea.
Proposed Amendment to Securities Brokers (Licensing and Operations) Regulations 2016
The SECP has issued a notification for a proposed amendment to Regulation 4 of the Securities Brokers (Licensing and Operations) Regulations, 2016 in exercise of the powers conferred by Section 169 of the Securities Act, 2015.
The FBR has issued a notification for including a new Chapter in the Income Tax Rules, 2002 in exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001.
Security and Exchange Commission of Pakistan (SECP) has notified the Insurance Rules, 2017 pursuant to the Insurance Ordinance, 2000 read with the S.R.O. 708(I)/2009, dated 27.07.2009.
Business Interruption Insurance and COVID-19: are businesses covered?
The COVID-19 pandemic, and the ensuing lockdowns and restrictions on movement, have caused unplanned business closures and supply chain disruptions worldwide. Businesses face cashflow constraints due to unsold inventories and mounting receivables, imperilling their ability to continue operations.
