New SECP Compliance Requirements for 2026: What Companies Need to Know

The Securities and Exchange Commission of Pakistan (SECP) has introduced significant regulatory updates for 2026 that all registered companies must understand and implement.

Key changes include enhanced beneficial ownership disclosure requirements, updated digital compliance portal procedures, and stricter timelines for annual return submissions.

Companies are now required to maintain and update beneficial ownership information within 15 days of any change. This includes details of any individual who directly or indirectly holds 25% or more shares or voting rights.

The SECP's digital transformation initiative means that most filings must now be completed through the eServices portal. Companies should ensure their authorized representatives have updated portal access and digital signatures.

Annual compliance deadlines have been consolidated. Companies must file annual returns within 30 days of their AGM, and the AGM itself must be held within four months of the financial year-end for private companies.

Non-compliance penalties have increased substantially. Late filing fees now start at PKR 50,000 and can escalate to PKR 500,000 for continued non-compliance, with potential director disqualification in severe cases.

I recommend all company secretaries and directors review these requirements carefully and establish internal compliance calendars to ensure timely adherence to all regulatory obligations.