Information Exchange: SECP signs deal with Turkish counterpart

Signs agreement on Wednesday in Istanbul to boost cooperation and exchange of information between the two institutions

KARACHI:
Turkey’s Capital Markets Board (SPK) and Pakistan’s Securities and Exchange Commission (SECP) signed an agreement on Wednesday in Istanbul to boost cooperation and exchange of information between the two institutions, a statement said on Thursday. “This is 29th such agreement that we have signed. Our cooperation will continue to improve,” SPK President Vedat Akgiray said at the signing ceremony. Akgiray said that the agreement would benefit both Pakistani and Turkish investors. SECP Chairman Muhammad Ali said that Turkey was the first country with which SECP had signed a cooperation agreement. The SECP delegation also visited some financial institutions, including Istanbul Stock Exchange and Istanbul Gold Exchange, the statement added.


Published in The Express Tribune, September 16th, 2011.