Commissioner of Pakistan’s Securities and Exchange Commission (SECP), Muzaffar Ahmad Mirza, has invited the business and industrial community to transition towards a corporate framework, highlighting improved governance, transparency, and the ability to access capital.
Addressing the members of the Sialkot Chamber of Commerce and Industry today, Mirza explained that the SECP is actively simplifying the regulatory framework, reducing the burden of compliance, and expanding digital services to streamline company registrations and legal processes. He emphasized that adopting a corporate structure can significantly enhance the credibility and governance of businesses, particularly family-owned companies, while opening pathways to investment opportunities and access to the formal financial system.
During the event, SECP Commissioner Muhammad Ali Fareed Khawaja stressed the need to promote a culture of investment in Pakistan. He encouraged both the business sector and the younger generation to engage responsibly in the capital market, stating that increasing local investor participation is crucial for strengthening financial markets, generating wealth, and advancing economic growth.
Both commissioners reiterated their commitment to promoting a transparent and technologically advanced corporate sector in Pakistan. Their aim is to ensure broad participation of businesses and investors in the country’s economic development, thus contributing significantly to its growth trajectory.