Sunday, 20 September 2020, 10:17:47 am
SECP’s five-year plan underway to prosper financial markets
August 11, 2020

The Security and Exchange Commission of Pakistan (SECP) has revamped numerous regulatory regimes by reducing obstacles in many of its regulated sectors for ensuring Ease of Doing Business (EODB).

According to the APP, SECP with support of Asian Development Bank (ADB) is preparing a five-year plan for development of financial markets in Pakistan.

The long-term road map will be focusing on demand and supply measures to broaden and deepen the financial system in Pakistan.

In line with government's vision of Digital Pakistan, SECP has already kicked-off a project Leading Efficiency through Automated Prowess (LEAP) to digitalize all its regulatory processes.

 In this regard, the SECP has already codified and re-engineered 250 processes for end-to-end automation which will be applied within two years.