SECP strives to strengthen regulatory framework
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been focusing on strengthening its regulatory framework through introduction of structural and legal reforms. The aimed at market development, ensuring investors'protection, increasing investor base and creating enabling environment for businesses. Another major achievement of the SECP in reforming its legal
infrastructure would be the introduction of Companies Bill, 2016,said in statement issued by SECP here on Sunday. The SECP has concluded extensive consultations with all the stakeholders to obtain their feedback on proposed draft of companies' bill. The SECP is organizing a national level seminar in Islamabad on March 26 to highlight the importance and salient features of proposed companies' bill. All leading professionals related to corporate sector and office bearer of business associations and other bodies would participate while the honorable finance minister Muhammad Ishaq Dar is likely be the chief guest. The draft companies bill, once finalized, will result in investor facilitation, clarity in the role of various stakeholders and greater transparency.