Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced an extension in the timeline for the registration of existing customers under the Central KYC Organization (CKO) regime. This extension moves the deadline to March 31, 2026, as detailed in a notice issued on December 31, 2025.

The CKO functionality was initially implemented on June 17, 2019, with a mandate for investors present in the Unique Identification Number (UIN) database at the time to complete their registration within three months. Despite repeated extensions, a considerable number of investors have yet to fulfill this requirement. NCCPL’s most recent extension was communicated via Circular No. NCCPL/CM/SEPTEMBER-25/11 on September 29, 2025, which set the previous deadline at December 31, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the NCCPL has made continuous efforts to ensure compliance, including validating cell phone numbers of customers. A list of customers who failed this validation was sent to Authorized Intermediaries (AIs) with requests to provide alternate contact numbers. The AIs are urged once again to comply with these requests to facilitate the registration process.

The notice reiterates that multiple registration options have been introduced under the CKO regime, allowing customers to complete the Know Your Customer (KYC) process with ease. The NCCPL emphasizes the importance of completing this process within the newly extended deadline to ensure compliance with regulatory standards.