Debt Securities Trustees
Debt Securities Trustee is a regulated securities activity under the Securities Act, 2015. The role of Debt Securities Trustee (DSTs) is to safeguard the interest of debenture/TFC holders. For regulations of DSTs, SECP promulgated the Debt Securities Trustee Regulations, 2017 (DST Regulations) on January 11, 2017. All DSTs are required to be licensed with SECP before providing business as debt securities trustee. DST Regulations prescribe the eligibility conditions, registration procedure and duties and responsibilities of DSTs.
Grant and Renewal of License
The detailed procedure for grant and renewal of license as a Debt Securities Trustee is provided in the checklist.
