12.7 C
Islamabad
Monday, December 23, 2024

SECP promoting corporatization, facilitate operations of companies

Must read

Christmas Cake Cutting Ceremony at Finance Division

City Desk Islamabad The Ministry of Finance, Government of Pakistan, hosted a special cake cutting ceremony in connection with celebration of the occasion of Christmas...

IICR hold a seminar on Decoding Media Influence

Spokesman Report Islamabad:The Islamabad Institute of Conflict Resolution (IICR) convened an insightful seminar titled *“Decoding Media Influence: Global Perspectives on Information Perception and Society”. The...

Pakistan High Commissioner hosts dinner in honour of Rahat Fateh Ali Khan

Spokesman Report Dhaka: The High Commissioner of Pakistan to Bangladesh, Syed Ahmed Maroof last night hosted a dinner at Pakistan House Dhaka, in honor of...

Non-Teaching Assignments and Faculty’s Teaching Capacity

Dr. Ali Bhadur In the evolving and increasingly demanding culture of Pakistani universities, a variety of non-teaching responsibilities are assigned to faculty members. Such non-teaching...

Spokesman Report

ISLAMABAD : A delegation of German Emirati Joint Council for Industry and Commerce (AHK) visited Securities and Exchange Commission of Pakistan (SECP) to understand the regulatory framework and explore investment opportunities in Pakistan. SECP Chairman Aamir Khan welcomed the delegation and gave an overview of SECP’s regulatory framework and recent reforms to improve doing business climate.

The delegation comprised of Head of Division on Foreign Trade Policy for South Asia, Germany Tobias Pierlings, Deputy Ambassador Dr. Philipp Deichmann, First Secretary Economic and Political Section Christian Böttcher, and other representatives of German Embassy, German Federal Ministry of Economic Affairs, German Foreign Chamber of Commerce, and German companies.

Khan also shed light on the rights and benefits offered to all shareholders, foreign and local alike, including minimal capital flow restrictions, and investments in PE & VC Funds & Alternative Funds units on repatriable basis.

SECP Registrar of Companies Mubasher Saddozai informed the delegation about types of companies in Pakistan, and the reforms undertaken by the SECP to promote corporatization and facilitate operations of companies in the country. He shared information regarding SECP’s reforms including end-to-end digitalization of incorporation process, digital CTCs, online bank portal, incorporation guides in various foreign languages, and WhatsApp service to timely address any queries. SECP Head of International Relations Department Musarat Jabeen was also part of the meeting and briefed the visitors of SECP’s active engagement with international jurisdictions and International Organization of Securities Commissions (IOSCO) members.

Members of the delegation were eager to inquire about various processes for improving bilateral commerce and SECP’s role in facilitating foreign companies investing in Pakistan.

SECP officials comprehensively addressed the queries posed by the delegation and answered queries regarding the capital markets, insurance and non-banking financial sector.

- Advertisement -SECP promoting corporatization, facilitate operations of companies

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -SECP promoting corporatization, facilitate operations of companies

Latest article

Christmas Cake Cutting Ceremony at Finance Division

City Desk Islamabad The Ministry of Finance, Government of Pakistan, hosted a special cake cutting ceremony in connection with celebration of the occasion of Christmas...

IICR hold a seminar on Decoding Media Influence

Spokesman Report Islamabad:The Islamabad Institute of Conflict Resolution (IICR) convened an insightful seminar titled *“Decoding Media Influence: Global Perspectives on Information Perception and Society”. The...

Pakistan High Commissioner hosts dinner in honour of Rahat Fateh Ali Khan

Spokesman Report Dhaka: The High Commissioner of Pakistan to Bangladesh, Syed Ahmed Maroof last night hosted a dinner at Pakistan House Dhaka, in honor of...

Non-Teaching Assignments and Faculty’s Teaching Capacity

Dr. Ali Bhadur In the evolving and increasingly demanding culture of Pakistani universities, a variety of non-teaching responsibilities are assigned to faculty members. Such non-teaching...

Supreme Court’s Remarkable Ruling on Civilian Trials in Military Courts

 Abdul Basit Alvi The backlog of cases in Pakistan's civil judicial system has become a serious concern, with a staggering 121% increase in pending cases...