SECP unveils reform agenda for capital markets

Dr Kabir Ahmed Sidhu, Chairman, Securities and Exchange Commission of Pakistan (SECP) on Monday unveiled an ambitious reform agenda aimed at expanding Pakistan’s investor base, promoting financial literacy and accelerating the development of the country’s capital markets during his first official visit to the Pakistan Stock Exchange (PSX). Addressing a gong ceremony after ringing the trading bell to mark the commencement of trading at the exchange, Dr Sidhu said the regulator had set a long-term target of expanding the country’s investor base to 2.5 million investors, emphasising that greater participation, particularly from young Pakistanis, was essential for promoting savings, wealth creation and inclusive economic growth.