Why PenCom Lifted Suspension On PFA’s Investment In Commercial Papers 

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 National Pension Commission (PenCom) lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) where non-bank capital market operators act as Issuing and Paying Agents (IPAs), to address regulatory concerns related to the role of these non-bank operators in commercial paper transactions.  In a circular issued on December 3, 2024, and […]
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