ISLAMABAD – SECP has notified Collateral Management Companies Regulations,2019 under the Companies Act, 2017 to promote warehouse receipt financingand electronic trading of agricultural commodities.
Under the regulations, any public limited company with a minimum paid-upcapital of 200 million rupees will be eligible for seeking permission ofSECP to register as a CMC.
A Collateral Management Company, through its accredited warehouses, willprovide storage and preservation services for a range of agriculturalcommodities.
