Online Mortgage Register

The SECP had asked for PBA’s feedback on its new utility ‘Mortgage Register’ that the SECP is going to launch subsequent to the online portal of Companies’ corporate information and documents.

The Mortgage Register will enable banks to access details of mortgages/charges, available in record, of any company, along with instruments filed at the time of registration/ modification of mortgage/ charge.

The member banks termed the new initiative as a welcome step. The consolidated feedback of banks was sent to SECP on Jun 21, 2022.