MUFAP and CDC-ITMinds Limited sign MoU for Mutual Fund Digital Platform
Mutual Funds Association of Pakistan (MUFAP) and Central Depository Company of Pakistan Limited (through its subsidiary ITMinds Limited) signed a Memorandum of Understanding for the development and implementation of a digital platform for the support of the Mutual Fund industry. Mr. Aamir Khan, Chairman – Securities and Exchange Commission of Pakistan (SECP) presided at the MoU Signing Ceremony at the CDC House, Karachi.
CDC to facilitate investment in Pakistan Stock Market by Non Resident Pakistanis (NRPs) through Roshan Digital Account
“Central Depository Company of Pakistan Limited (CDC) to facilitate investment by Non-Resident Pakistanis in the Pakistan Stock Market through Roshan Digital Account with designated large-scale banks” said Mr. Badiuddin Akber, CEO-CDC.
Since inception, CDC is focused on educating potential investors in the country. As part of this vision, a series of Financial Literacy Workshops have been regularly organized across the country. These past events have proved as a platform where CDC interacts with the potential and current investors, discussing the potential of Pakistan Capital Market, its returns, opportunities and risks.
CDC’s Measures for Business Continuity during Lockdown
As countries, communities and businesses combat with the Coronavirus Pandemic, most of the established organizations have implemented ‘Work from Home’ policy, trying their best to resume or continue their business operations while maintaining safety protocols, most importantly ‘Social Distancing’. At CDC, this challenging situation proved to be a Litmus Test for the Business Continuity preparations…
US Consul General in Karachi visits CDC
A delegation from the US Consulate in Karachi, headed by Mr. Rob Silberstein, US Consul General in Karachi visited the Central Depository Company on March 05, 2020. Representatives of leading Pakistani corporates and US Businesses in Pakistan attended this event. Mr. Moin M. Fudda, Chairman CDC Board of Directors, welcomed the delegation and spoke about…