SECP Issues Circular to Standardize Corporate Bank Account Opening
The Securities and Exchange Commission of Pakistan (SECP) has introduced a standardized board resolution format for corporate bank account openings, aiming to reduce compliance delays, improve transparency, and accelerate digital transformation in the financial sector.
SECP Expands Digital Data-Sharing Network to Boost Regulatory Efficiency under PRMI
The Securities and Exchange Commission of Pakistan (SECP) has expanded its digital data-sharing network under the Pakistan Regulatory Modernization Initiative (PRMI), integrating NEPRA, PRA, DRAP, SNGPL, PEMRA, and IESCO into its eZfile portal. The initiative streamlines compliance, reduces paperwork, and accelerates regulatory services while supporting Pakistan’s vision for a fully digital economy.