National Clearing Company was incorporated on July 03, 2001 to assist Market Participants to undertake their Clearing and Settlement activities more efficiently through automated, centralized and streamline processes that are essential to the safety and soundness of the Capital Market. Other key products and services offered by NCCPL are as under:
- Issuance of Unique Identification Number (UIN) for each client.
- UIN Information System (UIS) to access trading information directly by client through NCCPL’s System.
- Pre-Settlement Delivery Facility.
- Reporting of Un-Listed TFC Trades by Market Participants.
- Interbank Fund Transfer (IBFT) Facility for Members of NCCPL.
- Implementation of Leveraged Market Products such as:
- Margin Trading System (“MTS”);
- Margin Financing System (“MFS”);and
- Securities Lending and Borrowing System (“SLB”)
- Risk Management of Institutional Clients and Leverage Markets.
- Computation, Determination and Collection of Capital Gain Tax “CGT”
- National Custodial Services (NCS)
NCCPL’s Old Registration No. 8414/20010707
NCCPL’s NTN No. 1333864-1
NCCPL’s CUIN No. 0042643
Status of Company: Large Sized Company as per Companies Act, 2017
Name of Auditor of the Company:
- KPMG Taseer Hadi & Co.
Name of the Legal Advisor:
- M/s. Bawaney & Partners
Associate Companies undertaking and related parties:
- Pakistan Stock Exchange Limited www.psx.com.pk
- Pakistan Institute of Corporate Governance www.picg.org.pk
- German Pakistan Chamber of Commerce and Industry www.gpcci.com.pk
- Central Depository Company of Pakistan Limited www.cdcpakistan.com
- Pakistan Mercantile Exchange www.pmex.com.pk
- Pak China Investment Company Limited www.pakchinainvest.com
- LSE Financial Services Limited www.lse.com.pk
- ISE Towers REIT Management Company Limited www.ise.com.pk
- Pakistan Kuwait Investment Company (Pvt.) Limited www.pkic.com.pk
- Al Meezan Investment Management Company Limited www.almeezangroup.com
- Pak German Business Forum www.pgbf.com.pk
- Creek Developers (Private) Limited www.creekdevelopers.com
- AKD REIT Management Company Limited www.akdreit.com
- Zahid Latif Khan Securities (Pvt.) Limited www.zlksec.com
- Metropolitan Solutions (Pvt.) Limited www.mspl.pk
- Rahman Sarfaraz Rahim Iqbal Rafiq,
Chartered Accountants www.rahmansarfarazrahimiqbalrafiqca.enic.pk
- ZLK Entourage (Commercial Real Estate Developer)
- NCEL Building Management
- Emerging Indus Partners Limited
General Meetings, Dividend / Bonus declarations and right issue:
- Notice of General Meetings issued to the Shareholders accordingly.
- Dividend / Bonus Declarations and right issue are disclosed once approved in General Meeting
Awards & Recognition
- 3rd Award winner on revamping the Capital Gain Tax Regime of Professional Excellence Award 2014 organized by ICAP.
- ISO / IEC 27001:2013 Certified Management System
- ISO 22301:2012 Certified Management System
Membership of Industry Associations & Trade Body
- Asia-Pacific Central Securities Depository Group (ACG)
- South Asian Federation of Exchanges (SAFE)
- ACCA Approved Employer – Professional Development
- ICAP Approved Employer - Training Organization Outside Practice
Website Compliance Report:
Memorandum and Articles of Association
- Mission / Vision
- Statement of Ethics & Business Practices
- Policy Statement
- Corporate Profile
- Board of Directors
- Senior Management
- Project Sponsors
- Organizational Structure
- Holiday Calendar
- Information Security, Quality Management & Business Continuity Policy
- General Meeting and Dividend Announcements
- Whistle-Blowing Policy