ISLAMABAD, Jul 06 (APP):The Securities and Exchange Commission of Pakistan (SECP) Commissioner Muzzafar Ahmed Mirza has urged the business and industrial community to formalize their businesses through corporatization to improve governance, enhance transparency, and access new financing and growth opportunities. Addressing the Sialkot Chamber of Commerce and Industry, Mirza said that SECP is simplifying regulatory procedures, reducing compliance requirements, and expanding digital services to make incorporation and corporate compliance easier …
SECP urges industry to embrace corporatization
ISLAMABAD, Jul 06 (APP):The Securities and Exchange Commission of Pakistan (SECP) Commissioner Muzzafar Ahmed Mirza has urged the business and industrial community to formalize their businesses through corporatization to improve governance, enhance transparency, and access new financing and growth opportunities.
Addressing the Sialkot Chamber of Commerce and Industry, Mirza said that SECP is simplifying regulatory procedures, reducing compliance requirements, and expanding digital services to make incorporation and corporate compliance easier for businesses.
He said corporatization provides enterprises, including family-owned businesses, with greater credibility, improved governance frameworks, and better access to investment and formal financing channels.
Speaking on the occasion, SECP Commissioner Muhammad Ali Farid Khwaja highlighted the importance of promoting an investment culture in Pakistan and encouraged the business community and youth to participate in the capital market through informed investment decisions.
He said increased participation of local investors would strengthen financial markets, support wealth creation, and contribute to economic development.
The Commissioners reaffirmed SECP’s commitment to developing a transparent, digitally enabled corporate sector and promoting wider participation of businesses and investors in Pakistan’s economic growth.
