Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced an extension for the registration of existing customers under the Centralized Know Your Customer Organization (CKO) regime, providing a new deadline of September 30, 2026. This announcement follows after a previous extension was granted on April 1, 2026, which set the deadline for June 30, 2026.

The CKO functionality was initially implemented on June 17, 2019, with a requirement that investors in the Unique Identification Number (UIN) database complete their registration within three months. Despite continuous reminders and extensions, a significant number of investors have yet to fulfill this requirement. The NCCPL is urging authorized intermediaries (AIs) to assist their customers in completing the registration process by the new deadline.

According to information available from the Pakistan Stock Exchange (PSX), the NCCPL has made repeated attempts to validate customer cell phone numbers. Customers whose numbers could not be validated have been identified, and respective AIs have been asked to provide alternative contact numbers.

The NCCPL emphasizes the availability of multiple options introduced recently for customer registration under the CKO regime, aimed at facilitating a smoother registration process. The company is calling on AIs to make diligent efforts to ensure that their customers are registered in the Know Your Customer (KYC) Database before the deadline.