ADVERTISEMENT
Friday, August 1, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

SECP Chairman Akif Saeed stresses the importance of digitalization.

News Desk
October 16, 2023
Federal Government appoints Akif Saeed as new SECP Chairman.
Share on FacebookShare on Twitter
Advertisements

Karachi, October 16: In an interactive session with member companies of the Overseas Investors Chamber of Commerce & Industries (OICCI), Security & Exchange Commission of Pakistan’s (SECP) Chairman Akif Saeed stressed on the importance of digitalization.

The SECP chairman made these remarks during his visit to the Chamber to hold a dialogue with OICCI member companies.

Advertisements

During the session, Mr Akif updated the audience on the recent initiatives of the SECP and said that “we must embrace technology and focus on digitalization, which will help reduce cost and time.” He maintained that the Commission is currently working towards overhauling its structure – internally and externally – to streamline regulatory procedure.

He also added that earlier this year, the SECP launched a Centralized Gateway Portal to facilitate digital onboarding of investors in different asset classes in the regulated sectors.

Mr Akif maintained that the Commission’s objective is facilitation and to “eliminate the footfall in our office and give the end user a facility to share their ideas/concerns from their desks.”

On the occasion, the SECP chairman also answered the queries raised by representatives of the OICCI member companies relating to delays in security clearance of foreign directors, which is an impediment for foreign investors.

In addition, he also addressed OICCI members’ concerns on improving the e-services portal, practically amending the definition of related parties, duplicate submissions on SECP and PSX platforms along with update on the new Companies Act.

Mr Akif recommended holding frequent such sessions with the OICCI members to share ideas and concerns to further improve the existing regulatory process in Pakistan.

On his arrival, he was received by OICCI’s President Amir Paracha, Vice President Rehan Muhammad Shaikh and Secretary-General M Abdul Aleem. 

Welcoming the chairman, President Amir lauded the SECP for its progressive approach as it has significantly contributed towards continuous improvement and towards the growth and transparency of Pakistan’s financial markets.

“The SECP’s role in ensuring the stability and integrity of our financial systems can not be understated,” he added.

Mr Amir highlighted that the Commission’s recent initiatives, such as, the MoU with the IT ministry and IGNITE to set up VC fund and women empowerment, are in line with OICCI’s goals.

He said that “the OICCI is also not only investing but providing thought leadership in these areas.”

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

IBA Karachi: Powering the Future with Green
Headline

FBR imposes Rs111 billion in fines on fake solar panel importers involved in money laundering

July 31, 2025
Kareena And Saif
Headline

Mubasher Lucman Alleges Kareena Kapoor Behind Saif Ali Khan’s Knife Attack Over Infidelity

July 31, 2025
Saba Qamar Hospitalized After Sudden Health Scare on Set
Headline

Saba Qamar Hospitalized After Sudden Health Scare on Set

July 31, 2025
Moonis Alvi Breaks Silence After Verdict, Vows to Pursue Truth Through Legal Channels
Headline

Moonis Alvi Breaks Silence After Verdict, Vows to Pursue Truth Through Legal Channels

July 31, 2025
SIUT TEAM PERFORMS SUCCESSFUL DECEASED ORGAN TRANSPLANT
Headline

SIUT TEAM PERFORMS SUCCESSFUL DECEASED ORGAN TRANSPLANT

July 31, 2025
Tamasha secures exclusive digital streaming rights for Asia Cup till 2027
Headline

Tamasha secures exclusive digital streaming rights for Asia Cup till 2027

July 31, 2025
A professor at Sindh Madressatul Islam University turned out to be a defaulter of a previous institution, revealing that facts were hidden at the time of appointment.
Business

A professor at Sindh Madressatul Islam University turned out to be a defaulter of a previous institution, revealing that facts were hidden at the time of appointment.

July 31, 2025
Bank Alfalah announces its results for 1H-2025
BANKING

Bank Alfalah announces its results for 1H-2025

July 31, 2025
Honor for Dr.Heeralal Lohano
Headline

Honor for Dr.Heeralal Lohano

July 31, 2025
ICMAP Proposes SBP–MoF Coordination Council to align Economic Policy
Business

ICMAP Proposes SBP–MoF Coordination Council to align Economic Policy

July 31, 2025
Next Post
Lucky Cement

Lucky Cement Limited Awarded for Best Corporate Report–2022.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

PM Youth Laptop Scheme 2025: HEC Releases Merit List – Check Your Eligibility Online Now!

Reckitt Benckiser (RB) & partners to revolutionize access of health & hygiene across 1 million rural households, backed by the UK Government

Mehwish Salman Ali Elected President of CxO Global Forum USA Chapter

Hisaar Foundation at the UN

UIC permitted to resume guarantee business amid legal review.

Must Read

Pakistan Condemns Israel’s Military Aggression against Rafah City in Gaza.
Headline

Pakistan Condemns Israel’s Military Aggression against Rafah City in Gaza.

February 13, 2024
MoU signed to establish NED Campus in Thar
Headline

MoU signed to establish NED Campus in Thar

August 19, 2019
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.