A delegation of Investment Banks Association of Pakistan (IBAP), led by its chairman Rashid Mansur, held a meeting with Commissioner, Securities and Exchange Commission of Pakistan (SECP), Salman A Sheikh, and discussed with him the draft of the upcoming amended Non-Banking Financial Companies (NBFC) rules.
Other members of the delegation were Chief Executive of First Investment Bank Samir Ahmad and IBAP Secretary Ahmed Hassan Khan. "We are satisfied with the amendments in the rules," Rashid Mansur told APP here on Thursday. He expressed the hope that the amended rules would be in place very soon.