SECP has submitted a detailed self-assessment of Pakistan’s capital markets to the International Organization of Securities Commissions.
The Securities and Exchange Commission of Pakistan (SECP) has submitted a detailed self-assessment of Pakistan’s capital markets to the International Organization of Securities Commissions (IOSCO).
“Now, the SECP team has left for Dubai for consultation with the Assessment Committee Review Team”, according to a statement issued by the commission.
The committee, comprising six jurisdictions which includes Australia, Dubai, Luxembourg, Saudi Arabia, Spain and Turkey led by an external consultant from the UK, has completed its desk-based research of SECP’s report.
The SECP team, along with representatives from the relevant market infrastructure institutions, has proceeded to Dubai for consultation meeting, following which a final report will be published after due deliberation and approval of the IOSCO Board.
The final report would include a recommended roadmap for enabling Pakistan to achieve full implementation of all IOSCO principles.
Published in The Express Tribune, January 6th, 2015.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ