SECP Encourages Corporatization for Business Growth

SIALKOT: The Securities and Exchange Commission of Pakistan (SECP) has called on the business and industrial sectors to embrace corporatization to enhance governance, transparency, and access to financial growth opportunities. The appeal was made by SECP Commissioner Muzzafar Ahmed Mirza during an address to the Sialkot Chamber of Commerce and Industry.

According to Securities and Exchange Commission of Pakistan, Mirza emphasized that the SECP is streamlining regulatory processes, minimizing compliance burdens, and expanding digital services to facilitate easier business incorporation and corporate compliance. Corporatization, he noted, offers enterprises, including family-run businesses, enhanced credibility and improved governance, along with better access to investments and formal financial channels.

In a related address, SECP Commissioner Muhammad Ali Farid Khwaja underscored the significance of fostering an investment culture in Pakistan. He encouraged the business community and youth to engage in the capital market through informed investment choices. Khwaja stated that increased local investor participation would bolster financial markets, support wealth creation, and aid economic development.

The commissioners reiterated SECP’s commitment to nurturing a transparent and digitally enabled corporate sector, aiming to promote broader involvement of businesses and investors in Pakistan’s economic progress.

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