PenCom Suspends All Pension Fund Investments In Commercial Papers
The National Pension Commission (PenCom) has mandated that Licensed Pension Fund Administrators (LPFAs) and Custodian Funds halt all investments in commercial papers managed by non-banking capital market operators. This directive was issued in a recent circular (Reference: PENCOM/TECH/ISD/2024/402) dated October 23, 2024, signed by A.M. Saleem, Head of PenCom’s Surveillance Department, and addressed to the […]
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