Professional Association of Insurance Surveyors of Pakistan (PAISP) has demand that SECP Chairman should stop blackmailing their members and renew their licenses unconditionally in the same spirit, as were practised since the years under the same law.
According to a press release issued here on Thursday, since the Prime Minister Syed Yousuf Raza Gilani took notice against SECP and in response this SECP insurance division is compelled to withdraw an illegal Circular pointed out by our Association, SECP has held the Renewals of Licenses of our members and convincing them to run off from the Association that SECP has no option for any Association.-PR