Procedural Changes : SECP to ease compliance regime

SECP working towards improving the business climate in Pakistan by reducing bottlenecks

KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Tahir Mahmood has said that procedural improvements are being made to ease the regulatory compliance regime for registered entities. Addressing the business community during his visit to the Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday, Mahmood said the SECP was working towards improving the business climate in Pakistan by reducing bottlenecks in the appointment of foreign directors in local companies and simplifying the disclosure requirements for unlisted companies. Recent amendments to the 2012 Code of Corporate Governance were also discussed during the session. Mahmood also informed the audience about key measures to improve the ease of doing business in Pakistan.

Published in The Express Tribune, September 12^th, 2014.

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