SECP sets objectives and annual targets
The Securities and Exchange Commission of Pakistan (SECP) recently organised a three-day programme to frame its three-year strategic objectives and annual targets for the year 2011-12.
The strategic plan and yearly targets determined by the top management will focus on development of capital markets and the corporate sector, according to a statement issued by the regulator on Saturday.
Annual targets for 2011 broadly focus on measures for increasing market depth, development of a vibrant debt and commodities market, and promotion of mutual fund, insurance and corporate sectors.
Measures have been planned to frame and amend legislations for introduction of new products, strengthening of capital base market of intermediaries and encouragement of new listings.
Published in The Express Tribune, April 17th, 2011.
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