diff --git a/bl32/sp_min/aarch32/entrypoint.S b/bl32/sp_min/aarch32/entrypoint.S
index 2ffef6a2e..0a684754c 100644
--- a/bl32/sp_min/aarch32/entrypoint.S
+++ b/bl32/sp_min/aarch32/entrypoint.S
@@ -1,5 +1,5 @@
 /*
- * Copyright (c) 2016-2018, ARM Limited and Contributors. All rights reserved.
+ * Copyright (c) 2016-2019, ARM Limited and Contributors. All rights reserved.
  *
  * SPDX-License-Identifier: BSD-3-Clause
  */
@@ -183,15 +183,6 @@ func sp_min_handle_smc
 	stcopr	r0, SCR
 	isb
 
-	/*
-	 * Set PMCR.DP to 1 to prohibit cycle counting whilst in Secure Mode.
-	 * Also, the PMCR.LC field has an architecturally UNKNOWN value on reset
-	 * and so set to 1 as ARM has deprecated use of PMCR.LC=0.
-	 */
-	ldcopr	r0, PMCR
-	orr	r0, r0, #(PMCR_LC_BIT | PMCR_DP_BIT)
-	stcopr	r0, PMCR
-
 	ldr	r0, [r2, #SMC_CTX_GPREG_R0]	/* smc_fid */
 	/* Check whether an SMC64 is issued */
 	tst	r0, #(FUNCID_CC_MASK << FUNCID_CC_SHIFT)
@@ -236,15 +227,6 @@ func sp_min_handle_fiq
 	stcopr	r0, SCR
 	isb
 
-	/*
-	 * Set PMCR.DP to 1 to prohibit cycle counting whilst in Secure Mode.
-	 * Also, the PMCR.LC field has an architecturally UNKNOWN value on reset
-	 * and so set to 1 as ARM has deprecated use of PMCR.LC=0.
-	 */
-	ldcopr	r0, PMCR
-	orr	r0, r0, #(PMCR_LC_BIT | PMCR_DP_BIT)
-	stcopr	r0, PMCR
-
 	push	{r2, r3}
 	bl	sp_min_fiq
 	pop	{r0, r3}
diff --git a/include/arch/aarch32/arch.h b/include/arch/aarch32/arch.h
index 34036d785..20175481f 100644
--- a/include/arch/aarch32/arch.h
+++ b/include/arch/aarch32/arch.h
@@ -162,6 +162,7 @@
 #define SDCR_SPD_DISABLE	U(0x2)
 #define SDCR_SPD_ENABLE		U(0x3)
 #define SDCR_SCCD_BIT		(U(1) << 23)
+#define SDCR_SPME_BIT		(U(1) << 17)
 #define SDCR_RESET_VAL		U(0x0)
 
 /* HSCTLR definitions */
@@ -243,6 +244,8 @@
 #define VTTBR_BADDR_SHIFT	U(0)
 
 /* HDCR definitions */
+#define HDCR_HLP_BIT		(U(1) << 26)
+#define HDCR_HPME_BIT		(U(1) << 7)
 #define HDCR_RESET_VAL		U(0x0)
 
 /* HSTR definitions */
@@ -419,8 +422,10 @@
 #define PMCR_N_SHIFT		U(11)
 #define PMCR_N_MASK		U(0x1f)
 #define PMCR_N_BITS		(PMCR_N_MASK << PMCR_N_SHIFT)
+#define PMCR_LP_BIT		(U(1) << 7)
 #define PMCR_LC_BIT		(U(1) << 6)
 #define PMCR_DP_BIT		(U(1) << 5)
+#define	PMCR_RESET_VAL		U(0x0)
 
 /*******************************************************************************
  * Definitions of register offsets, fields and macros for CPU system
diff --git a/include/arch/aarch32/el3_common_macros.S b/include/arch/aarch32/el3_common_macros.S
index 0bd897814..c62d7d772 100644
--- a/include/arch/aarch32/el3_common_macros.S
+++ b/include/arch/aarch32/el3_common_macros.S
@@ -112,15 +112,41 @@
 	 * SDCR.SPD: Disable AArch32 privileged debug. Debug exceptions from
 	 *  Secure EL1 are disabled.
 	 *
-	 * SDCR: Set to one so that cycle counting by PMCCNTR is prohibited in
-	 *  Secure state. This bit is RES0 in versions of the architecture
+	 * SDCR.SCCD: Set to one so that cycle counting by PMCCNTR is prohibited
+	 *  in Secure state. This bit is RES0 in versions of the architecture
 	 *  earlier than ARMv8.5, setting it to 1 doesn't have any effect on
 	 *  them.
 	 * ---------------------------------------------------------------------
 	 */
 	ldr	r0, =(SDCR_RESET_VAL | SDCR_SPD(SDCR_SPD_DISABLE) | SDCR_SCCD_BIT)
 	stcopr	r0, SDCR
+
+	/* ---------------------------------------------------------------------
+	 * Initialise PMCR, setting all fields rather than relying
+	 * on hw. Some fields are architecturally UNKNOWN on reset.
+	 *
+	 * PMCR.LP: Set to one so that event counter overflow, that
+	 *  is recorded in PMOVSCLR[0-30], occurs on the increment
+	 *  that changes PMEVCNTR<n>[63] from 1 to 0, when ARMv8.5-PMU
+	 *  is implemented. This bit is RES0 in versions of the architecture
+	 *  earlier than ARMv8.5, setting it to 1 doesn't have any effect
+	 *  on them.
+	 *  This bit is Reserved, UNK/SBZP in ARMv7.
+	 *
+	 * PMCR.LC: Set to one so that cycle counter overflow, that
+	 *  is recorded in PMOVSCLR[31], occurs on the increment
+	 *  that changes PMCCNTR[63] from 1 to 0.
+	 *  This bit is Reserved, UNK/SBZP in ARMv7.
+	 *
+	 * PMCR.DP: Set to one to prohibit cycle counting whilst in Secure mode.
+	 * ---------------------------------------------------------------------
+	 */
+	ldr	r0, =(PMCR_RESET_VAL | PMCR_DP_BIT | PMCR_LC_BIT | \
+		      PMCR_LP_BIT)
+#else
+	ldr	r0, =(PMCR_RESET_VAL | PMCR_DP_BIT)
 #endif
+	stcopr	r0, PMCR
 
 	/*
 	 * If Data Independent Timing (DIT) functionality is implemented,
diff --git a/include/arch/aarch32/smccc_macros.S b/include/arch/aarch32/smccc_macros.S
index 1fe6c64dc..4ec229218 100644
--- a/include/arch/aarch32/smccc_macros.S
+++ b/include/arch/aarch32/smccc_macros.S
@@ -1,5 +1,5 @@
 /*
- * Copyright (c) 2016-2018, ARM Limited and Contributors. All rights reserved.
+ * Copyright (c) 2016-2019, ARM Limited and Contributors. All rights reserved.
  *
  * SPDX-License-Identifier: BSD-3-Clause
  */
@@ -58,7 +58,6 @@
 	stm	r0!, {r2}
 
 	stcopr	r4, SCR
-	isb
 #else
 	/* Save the banked registers including the current SPSR and LR */
 	mrs	r4, sp_usr
@@ -85,10 +84,34 @@
 	/* lr_mon is already saved by caller */
 
 	ldcopr	r4, SCR
+
+#if ARM_ARCH_MAJOR > 7
+	/*
+	 * Check if earlier initialization of SDCR.SCCD to 1
+	 * failed, meaning that ARMv8-PMU is not implemented,
+	 * cycle counting is not disabled and PMCR should be
+	 * saved in Non-secure context.
+	 */
+	ldcopr	r5, SDCR
+	tst	r5, #SDCR_SCCD_BIT
+	bne	1f
+#endif
+	/* Secure Cycle Counter is not disabled */
 #endif
-	str	r4, [sp, #SMC_CTX_SCR]
-	ldcopr	r4, PMCR
-	str	r4, [sp, #SMC_CTX_PMCR]
+	ldcopr	r5, PMCR
+
+	/* Check caller's security state */
+	tst	r4, #SCR_NS_BIT
+	beq	2f
+
+	/* Save PMCR if called from Non-secure state */
+	str	r5, [sp, #SMC_CTX_PMCR]
+
+	/* Disable cycle counter when event counting is prohibited */
+2:	orr	r5, r5, #PMCR_DP_BIT
+	stcopr	r5, PMCR
+	isb
+1:	str	r4, [sp, #SMC_CTX_SCR]
 	.endm
 
 /*
@@ -113,12 +136,31 @@
 	stcopr	r1, SCR
 	isb
 
+	/*
+	 * Restore PMCR when returning to Non-secure state
+	 */
+	tst	r1, #SCR_NS_BIT
+	beq	2f
+
+	/*
+	 * Back to Non-secure state
+	 */
+#if ARM_ARCH_MAJOR > 7
+	/*
+	 * Check if earlier initialization SDCR.SCCD to 1
+	 * failed, meaning that ARMv8-PMU is not implemented and
+	 * PMCR should be restored from Non-secure context.
+	 */
+	ldcopr	r1, SDCR
+	tst	r1, #SDCR_SCCD_BIT
+	bne	2f
+#endif
 	/*
 	 * Restore the PMCR register.
 	 */
 	ldr	r1, [r0, #SMC_CTX_PMCR]
 	stcopr	r1, PMCR
-
+2:
 	/* Restore the banked registers including the current SPSR */
 	add	r1, r0, #SMC_CTX_SP_USR
 
diff --git a/lib/el3_runtime/aarch32/context_mgmt.c b/lib/el3_runtime/aarch32/context_mgmt.c
index a4702fcc6..73d1e354d 100644
--- a/lib/el3_runtime/aarch32/context_mgmt.c
+++ b/lib/el3_runtime/aarch32/context_mgmt.c
@@ -1,5 +1,5 @@
 /*
- * Copyright (c) 2016-2018, ARM Limited and Contributors. All rights reserved.
+ * Copyright (c) 2016-2019, ARM Limited and Contributors. All rights reserved.
  *
  * SPDX-License-Identifier: BSD-3-Clause
  */
@@ -281,10 +281,28 @@ void cm_prepare_el3_exit(uint32_t security_state)
 			 *
 			 * HDCR.HPMN: Set to value of PMCR.N which is the
 			 *  architecturally-defined reset value.
+			 *
+			 * HDCR.HLP: Set to one so that event counter
+			 *  overflow, that is recorded in PMOVSCLR[0-30],
+			 *  occurs on the increment that changes
+			 *  PMEVCNTR<n>[63] from 1 to 0, when ARMv8.5-PMU is
+			 *  implemented. This bit is RES0 in versions of the
+			 *  architecture earlier than ARMv8.5, setting it to 1
+			 *  doesn't have any effect on them.
+			 *  This bit is Reserved, UNK/SBZP in ARMv7.
+			 *
+			 * HDCR.HPME: Set to zero to disable EL2 Event
+			 *  counters.
 			 */
-			write_hdcr(HDCR_RESET_VAL |
-				((read_pmcr() & PMCR_N_BITS) >> PMCR_N_SHIFT));
-
+#if (ARM_ARCH_MAJOR > 7)
+			write_hdcr((HDCR_RESET_VAL | HDCR_HLP_BIT |
+				   ((read_pmcr() & PMCR_N_BITS) >>
+				    PMCR_N_SHIFT)) & ~HDCR_HPME_BIT);
+#else
+			write_hdcr((HDCR_RESET_VAL |
+				   ((read_pmcr() & PMCR_N_BITS) >>
+				    PMCR_N_SHIFT)) & ~HDCR_HPME_BIT);
+#endif
 			/*
 			 * Set HSTR to its architectural reset value so that
 			 * access to system registers in the cproc=1111