On 2 October 2018, the Pakistan Securities and Exchange Commission issued Notification SRO 1194 (I)/2018 on the Companies (Related Party Transactions and Maintenance of Related Records) Regulations, 2018. The regulations are in relation to the Companies Act 2017 and set out the requirement for a company's board of directors to approve a policy on related-party transactions that includes the following: Minimum information required for the related parties with whom transactions are to be made, including the nature of the related party relationship at the time of approval in board meetings or general meetings; Limitations or conditions that may be applicable...