Wanna Talk With SECP? They are Interested Now
By Bilal Siddiqui (Karachi)
Securities and Exchange Commission of Pakistan, which has been quite active in past couple of weeks while updating and improving regulations, is now planning to step outside and is asking everyone, kia scene hai?
According to reports our news desk reviewed, SECP) has formed the “SECP-Financial Markets and Corporate Sector Development Forum (the SECP forum)” to effectively engage policy makers, businessmen, market experts and wider stakeholders in a dialogue for development of fair, orderly and efficient non-bank financial markets and a vibrant corporate sector.
The SECP Forum will broadly cover non-bank financial markets segments such as equity, debt, REITs, mutual funds, commodities and currency futures, investment banks, leasing, modaraba and private equity and venture capital (I’m not sure how many Venture Capitals are working in Pakistan!!)
Additionally, it will also cover corporatisation, long term savings, insurance and private pensions, out-reach expansion of non-banking products, fiscal reforms and regulatory issues.
The SECP Forum will be convened on a monthly basis inviting participants from the wider stakeholders ranging from industry, regulators, academia, media, sector associations, multilateral agencies, market participants, lawyers, chambers of commerce and other important players. The first SECP Forum dialogue has been scheduled for July 28 inKarachi.