The Securities and Exchange Commission of Pakistan published a press release on a high-level meeting with the heads of key Capital Market Infrastructure Institutions to streamline the capital markets account opening process, aiming to improve investor experience and accessibility. The Chairperson called for an investor-centric redesign, asking institutions to define a clear end-goal, review existing procedures, identify pain points, and implement changes to make onboarding quicker, more efficient, cost-effective, transparent, and user-friendly. The Pakistan Stock Exchange was asked to lead coordination with the Central Depository Company, the National Clearing Company of Pakistan, and other stakeholders to develop a roadmap with specific milestones, including steps to remove bottlenecks and enhance digital capabilities as part of broader efforts to modernize infrastructure and promote digital onboarding. Next steps focus on the Pakistan Stock Exchange and other market infrastructure institutions producing the milestone-based roadmap for a simplified and time-efficient account opening process.

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