SECP asked to ensure consistent oversight

Federal Minister for Finance Mohammad Ishaq Dar has urged the newly appointed team of Securities and Exchange Commission of Pakistan (SECP) to ensure consistent, transparent and focused regulatory oversight across all sectors in a bid to achieve high economic growth and social harmony.

During a meeting with the SECP management on Friday, the minister extended full support to the commission and urged the SECP team to serve with dedicated focus and zeal.

The finance minister, while congratulating the newly appointed SECP commissioners, highlighted the role of SECP as a regulator of the corporate sector, capital market, insurance and investment sectors for the betterment and progress of Pakistan’s economy.

He appreciated the SECP’s role as a contributor to the financial and economic development in Pakistan and its regulatory measures for restoring and maintaining the confidence of domestic as well as foreign investors.

On the occasion, SECP chairman and commissioners apprised the minister of the various regulatory initiatives being taken for mitigating systemic problems and building investor confidence. They stressed that the corporate regulator would ensure its full support and cooperation in future as well.

Published in The Express Tribune, December 17^th, 2022.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.