Cabinet committee approves foreign exchange amendment bill, changes to SECP-administered laws

Pakistan’s Cabinet Committee for Disposal of Legislative Cases approved the Foreign Exchange Regulation (Amendment) Bill 2026 on Friday, according to Profit by Pakistan Today. The measure would revise penalties and financial fines for breaches of foreign exchange rules, and will move to other relevant forums for consideration. The committee also backed proposed adjustments to laws overseen by the Securities and Exchange Commission of Pakistan, shifting certain decision-making references from the federal government to the appropriate authorities.

Other proposals cleared at the meeting cover compensation for armed forces personnel who retire with unused leave, as well as legal and administrative steps to move plant protection duties to the National Agriculture Trade and Food Safety Authority. The committee postponed consideration of the draft Press Council of Pakistan Act 2026 to allow more consultations. For investors, the foreign-exchange bill and proposed changes to SECP-administered laws are relevant because they could alter the rules governing currency compliance and regulatory administration, subject to further proceedings.