Government of pakistan securities and exchange commission of pakistan notification


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Credit-Rating-Companies-Regulations-2016-Amended-till-September-19-2022

 
 
 
 
 
 
 
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Substituted for the text “The Securities and Exchange Commission of Pakistan having considered the application for grant of 
licence under section 68 of the Securities Act, 2015 by..... (Name of the company)…. and being satisfied that the said company is 
eligible for a licence and that it would be in public interest and in the interest of the capital market so to do, hereby grants, in 
exercise of the powers conferred by section 69 of the Securities Act, 2015 grants a licence to .......(name of the credit rating 
company)…. subject to the provisions of the Securities Act, 2015 and the rules and regulations made thereunder.” Vide S.R.O.
No.1223(I)/2019 dated October 10, 2019.
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Substituted for the text “Signature of the Officer” vide S.R.O. No.1223(I)/2019 dated October 10, 2019.


Page 38 of 54 
Annexure A 
  
FORM OF APPLICATION FOR RENEWAL OF LICENCE  
AS A CREDIT RATING COMPANY  
To
The Securities and Exchange Commission of Pakistan, Islamabad.
Dear Sir,
1. 
We hereby apply for the renewal of the licence of ................ ................................................ 
(Name of the credit rating company) under section 69 of the Securities Act, 2015.
2. 
The existing licence is due to expire on ............
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[omitted]
4. 
Certified true copies of all the documents specified in Annexure B of the Credit Rating 
Companies Regulations, 2016 are enclosed.
5. 
It is requested that the licence be renewed for a period of one year.
Yours faithfully,
Signature of the Chief Executive
 
Annexure B 
Information and Documents to be provided along-with application for renewal of licence as 

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