{"id":288932,"date":"2022-10-13T08:54:28","date_gmt":"2022-10-13T03:54:28","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=288932"},"modified":"2022-10-13T08:54:28","modified_gmt":"2022-10-13T03:54:28","slug":"secp-enhances-sales-load-limit-for-amcs-selling-through-third-party-platforms","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/secp-enhances-sales-load-limit-for-amcs-selling-through-third-party-platforms\/","title":{"rendered":"SECP enhances sales load limit for AMCs selling through third-party platforms"},"content":{"rendered":"<p>ISLAMABAD: In order to encourage third-party distribution and increase competition in the non-banking financial sector, the Securities and Exchange Commission of Pakistan (SECP) has enhanced sales load limit for Asset Management Companies (AMCs) through circular 10 of 2022. This relaxation has been made for AMCs selling through a third-party online distribution channel\/portal. The limit has been revised upwards from 1.5% to up to 3%, considering the costs that AMCs have to share with the third parties. Our Correspondent<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: In order to encourage third-party distribution and increase competition in the non-banking financial sector, the Securities and Exchange Commission of Pakistan (SECP) has enhanced sales load limit for Asset Management Companies (AMCs) through circular 10 of 2022. This relaxation has been made for AMCs selling through a third-party online distribution channel\/portal. The limit has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-288932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SECP enhances sales load limit for AMCs selling through third-party platforms<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/secp-enhances-sales-load-limit-for-amcs-selling-through-third-party-platforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SECP enhances sales load limit for AMCs selling through third-party platforms\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: In order to encourage third-party distribution and increase competition in the non-banking financial sector, the Securities and Exchange Commission of Pakistan (SECP) has enhanced sales load limit for Asset Management Companies (AMCs) through circular 10 of 2022. This relaxation has been made for AMCs selling through a third-party online distribution channel\/portal. 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