Securities and Exchange Commission of Pakistan Introduces IBAN Digital Verification for Faster Customer Onboarding
SECP amends AML and CFT regulations to permit financial brokers and insurers to leverage bank account details for immediate digital identity checks.
SECP and ADB Promote We-Finance Code to Advance Women’s Financial Inclusion
The Securities and Exchange Commission of Pakistan, in partnership with the Asian Development Bank, held an awareness session in Karachi on the We-Finance Code, a framework designed to institutionalize gender-sensitive financial services and empower women in Pakistan’s economy.
PBA Chairman Zafar Masud Calls for Breaking Data Silos, Unveils Plans for Financial Data Exchange
PBA Chairman Zafar Masud unveils plans for a national financial data exchange to break institutional data silos and enable inclusive, digital finance in Pakistan.
Takaful Holds 12% Share in Pakistan’s Insurance Market: SECP Unveils Strategic Study
The Securities and Exchange Commission of Pakistan (SECP) reports that Takaful accounts for 12% of the national insurance sector, highlighting key challenges and proposing reforms to grow the Islamic insurance landscape in Pakistan.