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SECP & FINANCIAL LICENSING

Asset Management Company Licence

An AMC is a licensed manager of investment funds and assets; a fund may also need separate approval.

PAKISTAN BUSINESS REGISTRATION & LICENSING GUIDESDRAFT UPDATED 11 OCTOBER 2026SECP
01

Service overview

An AMC is a licensed manager of investment funds and assets; a fund may also need separate approval.

A company certificate does not itself authorise a regulated business. Depending on the activity, SECP may require prior formation permission, incorporation, a separate operational licence, and continuing financial and fit-and-proper compliance.

02

Who is eligible to establish an AMC?

Statutory eligibility

SECP ordinarily expects an eligible NBFC management vehicle, sponsor fitness, capital and investment-governance systems.

Conditions and exclusions for this application

An AMC sponsor must establish eligibility for an SECP-licensed manager with qualified investment staff, internal risk/governance and custodian relationships. Fund launch or offer requires separate scheme-level authorisations where prescribed.

03

Documents and information for Asset Management Company Licence

Prepare the following information for asset management company licence. The relevant regulator may require further forms or certified evidence, depending on the applicant and chosen procedure.

  • Fund-management model
  • Sponsor records
  • Investment policy
  • Compliance team
  • Custody arrangements
  • Capital and source-of-funds evidence.
04

How do I obtain an asset management company licence in Pakistan?

  1. 01
    Define AMC business and any proposed funds

    Identify asset management activities and distinguish manager authorisation from permissions for individual schemes.

  2. 02
    Seek NBFC formation NOC for asset management

    Submit sponsors, directors, management expertise and source of capital under SECP's AMC formation checklist.

  3. 03
    Incorporate an AMC then apply for licence

    After NOC obtain public limited incorporation and submit the separate Asset Management Services licence dossier.

  4. 04
    Establish scheme-level controls

    Arrange trustee/custodian, valuation and investments systems and obtain any separate mutual-fund approvals.

Regulator resource: SECP asset management licence guide

05

After registration or approval

Maintain fund valuation, custody, conflicts, investor disclosures, prudential returns and governance.

07

How Chambers can assist

Chambers can review the legal route, identify regulatory constraints, prepare or review the supporting corporate and legal documents, manage the prescribed submission and correspond with the competent authority where instructed. The scope of the engagement will be determined by the applicant’s particular circumstances.

For an initial enquiry, identify the proposed activity, applicant entity and current stage, and provide the available documents indicated above. Please avoid sending confidential or identity-sensitive records through an unencrypted first contact.

Common questions about Asset Management Company Licence

Who is eligible for Asset Management Company Licence in Pakistan?

SECP ordinarily expects an eligible NBFC management vehicle, sponsor fitness, capital and investment-governance systems.

What documents are needed for Asset Management Company Licence?

Fund-management model; Sponsor records; Investment policy; Compliance team. Additional requirements can apply to the actual business or regulator.

How do I obtain an asset management company licence in Pakistan?

Define AMC business and any proposed funds: Identify asset management activities and distinguish manager authorisation from permissions for individual schemes. Seek NBFC formation NOC for asset management: Submit sponsors, directors, management expertise and source of capital under SECP's AMC formation checklist. Incorporate an AMC then apply for licence: After NOC obtain public limited incorporation and submit the separate Asset Management Services licence dossier. Establish scheme-level controls: Arrange trustee/custodian, valuation and investments systems and obtain any separate mutual-fund approvals.

This guide is general information, not advice on your facts. Check the applicable law, notifications, updated regulator checklists and jurisdiction before acting. The authority alone determines eligibility, acceptance and approval; no outcome or processing period is guaranteed.

KNOWLEDGE / REGULATORY INTELLIGENCE

REGULATORY DEVELOPMENTS RELEVANT TO THIS SERVICE

SECP / 9 Oct 2026SECP publishes draft amendment to Companies Regulations, 2024READ BRIEF ↗SECP / 7 Oct 2026SECP reminds relevant companies of annual general meeting and return obligationsREAD BRIEF ↗

Source-linked preliminary briefings; verify current requirements against the original publication.