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SECP Conducts Capacity Building Session on Electronic Mortgage Register in Karachi

News Desk by News Desk
February 4, 2025
SECP registered 3,024 new companies in November 2024, marking the highest monthly number.
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ISLAMABAD, February 4: To ensure the effective implementation of Electronic Mortgage Register (EMR), SECP, in collaboration with the Pakistan Banks’ Association (PBA), has launched a series of capacity-building sessions aimed at equipping banking professionals with the necessary expertise to utilize the EMR portal effectively. The second session in this series was successfully conducted at the Islamic Chamber of Commerce, Karachi.

SECP officials delivered a detailed presentation on the EMR, showcasing its advanced features designed to improve the overall user experience. He elaborated on how this centralized system will boost trust in the financial sector, enabling banks and financial institutions to make well-informed decisions with greater efficiency.

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During the discussion, SECP team outlined the benefits of the EMR, emphasizing its function as a comprehensive database that simplifies access to mortgage information for financial institutions. They highlighted that the EMR would improve transparency, efficiency, and reliability in the financial sector, encouraging its adoption in daily operations.

The awareness session was well-received by participants, who lauded SECP’s efforts to modernize and streamline corporate processes. SECP remains committed to fostering digital transformation and strengthening the regulatory framework to facilitate ease of doing business in Pakistan.

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