The State Bank of Pakistan has suspended the authorization of Exchange Company namely Islamabad Exchange Company (Pvt.) Limited with immediate effect till further orders, upon violations of SBP rules and regulations.
The Exchange Company, its head office and authorized branches have been debarred from undertaking any kind of business activity during the suspension period, the central bank said in a short statement.
About the Author
Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.
Verified Professional
25+ Years Experience