Islamabad – The Securities and Exchange Commission of Pakistan (SECP) has launched a series of proactive reforms aimed at enhancing corporate governance and promoting sustainable economic growth.
In a recent working group session held at the Company Registration Office (CRO) in Islamabad, Commissioner LRD Mr. Muzaffar Ahmed Mirza led discussions on legal reforms, alongside Executive Director LRD Mr. Ali Azeem Ikram and Registrar of Companies Mr. Shahzad Afzal Khan.
The session focused on streamlining regulatory processes and improving the experience for stakeholders. Key initiatives under review include simplifying corporate laws, shortening Section 42 company incorporation timelines, and conducting an eZfile stakeholder survey. Additionally, the SECP is evaluating the implications of Section 456 on the real estate sector and is working on a mechanism to address unclaimed dividends.
These measures reflect SECP’s ongoing commitment to modernization, efficient service delivery, and a more transparent and accessible corporate environment. The reforms are expected to pave the way for a more resilient and user-friendly regulatory framework in Pakistan.