Government of pakistan securities and exchange commission of pakistan notification

a credit rating company
The following details shall be provided along-with application for renewal by a credit rating 
company along with the relevant supporting documents for the last one year:
1. 
Details of the non-compliance by it, if any, with any provision of the applicable laws 
including the Act and rules or regulations made thereunder.
59
Deleted the words “3. Original receipt of the bank for the fee of Rs.............................being the renewal fee is enclosed.” Vide 
S.R.O. No.1223(I)/2019 dated October 10, 2019. 

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2. 
Details of the non-compliance by it, if any, with any of the licensing conditions, if any.
3. 
Details of any penal or disciplinary action initiated or taken against the applicant, its 
promotors or sponsors, directors, substantial shareholders or senior management officers 
by any regulatory authority or government agency/department.
4. 
Details of legal proceedings, if any, initiated against it and penal actions taken against it 
and penalty imposed by the Commission or any other regulatory authority.
5. 
Details of changes made, if any, in the object clause of its memorandum of association or 
other constitutive documents.
6. 
Number and details of customer complaints received, if any and their redressal status.
7. 
Declaration that it is in compliance with the post licence requirements as prescribed in these 
regulations.
8. 
Copy of the last annual audited financial statements along-with latest quarterly or half 
yearly financial statements.
9. 
Copies of documents evidencing continuous compliance with the requirements of financial 
resource requirements specified in the regulations.
FORM B 
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN