Unlocking Capital Market Potential: SECP Pushes for Stronger Integration Between Banks and Markets
The SECP has outlined reforms to strengthen Pakistan’s capital markets, including Ijarah Sukuk issuance through PSX, T+1 settlements, digital transformation, and pension system enhancements. Chairperson Akif Saeed called for greater integration between banks and markets to unlock growth potential and boost investor confidence.
SECP Urges FBR to Abolish Sales Tax on Health Insurance to Boost Access and Affordability
The Securities and Exchange Commission of Pakistan has called on the Federal Board of Revenue to remove sales tax on health insurance, urging policy reforms to make healthcare more accessible and to boost the underdeveloped individual health insurance segment.