ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been recognized as a “Reforms Champion” by Prime Minister Muhammad Shahbaz Sharif during the launch of the National Regulatory Reforms. This distinction highlights SECP’s leadership and sustained commitment to improving the ease of doing business, driving digital transformation, and fostering a modern, compliance-oriented regulatory environment across Pakistan’s corporate sector.
In collaboration with the Board of Investment (BoI), the SECP has undertaken an expansive legislative reform initiative to modernize the Companies Act, 2017 in line with international best practices. Through extensive deliberations with the BoI team and international consultants, led by the Special Assistant to the Prime Minister, a consensus was reached on these Regulatory Reforms.
Collectively, these reforms aim to decriminalize outdated provisions, enhance convenience for businesses, strengthen corporate governance, reinforce regulatory oversight, reduce unnecessary regulatory burdens, and accelerate digitalization. This ensures the Act remains aligned with international best practices and the evolving needs of Pakistan’s economic landscape.
The proposed amendments are designed to simplify compliance procedures, eliminate obsolete regulatory thresholds, expand public access to corporate information, and promote a more transparent, predictable, and investor-friendly corporate framework. The SECP reaffirms its commitment to advancing a progressive, efficient, and investment-enabling corporate regime that supports sustainable economic growth and strengthens Pakistan’s global competitiveness.
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Several Foreign Companies Start Operations in Pakistan
Several Companies from eight countries start operations in Pakistan in the past seven months. SECP Commissioner of the Securities and Exchange Commission of Pakistan (SECP) Muzzafar Ahmed Mirza revealed this in his meeting with the President of the National Defence University, Lieutenant General Babar Iftikhar, HI (M).
Mirza further apprised President NDU of Pakistan’s recent transition into the World Bank’s Middle East and North Africa (MENA) regional portfolio—shifting from the Asia-Pacific Region effective July 1, 2025. He noted that this transition offers a significant strategic opportunity for Pakistan to strengthen its economic outlook, enhance its global positioning, and align regulatory reforms to attract increased foreign investment.
SECP , President of the National Defence University (NDU), to extend his felicitations on assuming office and to acknowledge NDU’s pivotal role as Pakistan’s premier institution for national security and strategic studies. Commissioner, Mirza underscored NDU’s longstanding contributions to national policy formulation and the development of strategic leadership.
NDU, as Pakistan’s leading national think tank, plays a central role in shaping strategic thought—especially at the nexus of national security and economic resilience. Enhanced collaboration between SECP and NDU would further strengthen strategic insight on economic matters, enrich policy deliberations and contribute to long-term national policymaking.
Mr. Muzzafar Ahmed Mirza, Commissioner, Licensing and Registration Division, SECP, is an alumnus of National Security Workshop, NDU.
