Laws drafted
As counsel at the Securities and Exchange Commission of Pakistan drafted and reviewed statutes that govern Pakistan’s corporate and capital markets.
Acts of Parliament
Statutes
- 2017Led the review
Companies Act, 2017
Supervised the legislative review committee on the Companies Ordinance, 1984, enacted as the Companies Act, 2017.
- 2016Drafted
Futures Market Act, 2016
Drafted the Futures Trading Bill, enacted as the Futures Market Act, 2016.
- 2015Drafted
Securities Act, 2015
Drafted the Act that governs Pakistan’s securities market.
- 2012Drafted
Demutualization Act, 2012
Drafted the Act for the demutualization of Pakistan’s stock exchanges.
- —Drafted
Securities and Exchange Commission of Pakistan bill
Drafted the bill for the regulator’s own governing statute.
- —Drafted
Corporate Rehabilitation bill
Drafted the bill, and later served as Legal Consultant to SECP on the corporate rehabilitation regime: the CRC Act 2016 and CRA 2018.
Rules and regulations
Secondary legislation
- 2008Real Estate Investment Trust Regulations
- 2008Private Equity Regulations
- NBFC Rules and Regulations
- Takaful Rules
- Takeover Regulations
- Companies (Investment in Associated Companies and Undertakings) Regulations
Frameworks
Legal and regulatory frameworks
- National Commodity Exchange LimitedDrafted the regulatory framework for the establishment of the National Commodity Exchange (NCEL).
- Terrorism insurance and micro-insuranceDeveloped the legal framework for terrorism insurance and micro-insurance in Pakistan.
- Capital markets secondary legislationLegal Consultant to SECP on the development of secondary legislation for capital markets.
- Tax legislation reformLegal Consultant to the FBR on reform of tax legislation under the World Bank’s TAGR project.
- Insurance sector lawsLegal Consultant to the World Bank on reform of insurance sector laws in Pakistan.