business
April 7, 2021
PSX proposes legal change to indemnify staffs
KARACHI: Pakistan Stock Exchange wants to indemnify its directors and officials against any loss and liability through a legal change, it was learnt on Tuesday, much like a similar demand by the central bank.“PSX explored international practices and found that various stock exchanges in other countries have indemnification clause available in their respective regulatory frameworks,” the PSX said. “Accordingly, PSX is proposing to insert an indemnity clause in PSX regulations.”PSX, as...