Document background
The Investment Bank Engagement Letter is a crucial document used when formally establishing a professional relationship between an investment bank and its client in Pakistan. It is typically employed at the commencement of investment banking services such as mergers and acquisitions, capital raising, or financial advisory services. The document must comply with Pakistani legal requirements, including regulations from the Securities and Exchange Commission of Pakistan (SECP) and, where applicable, the State Bank of Pakistan. The letter outlines essential elements including scope of services, fee arrangements, confidentiality provisions, regulatory compliance requirements, and termination conditions. It serves as the primary reference document throughout the engagement and provides legal protection for both parties while ensuring transparency and clarity in the professional relationship.
