The Securities and Exchange Commission of Pakistan has constituted a committee to evaluate and streamline the account opening process with capital market intermediaries, with the aim of making onboarding more time efficient and customer-friendly and improving the supporting regulatory framework. The committee will review the end-to-end account opening journey, identify pain points and bottlenecks, and recommend improvements to existing processes and regulations. It will also propose steps to simplify and rationalise requirements and enhance digital onboarding capabilities. Membership includes representatives from the SECP, Pakistan Stock Exchange, National Clearing Company of Pakistan, Central Depository Company, Pakistan Stock Brokers Association, and EClear Services Limited. The committee is due to submit its final report to the SECP by August 18, 2025.
Securites & Exchange Commission of Pakistan 2025-06-18
Securities and Exchange Commission of Pakistan sets up committee to streamline capital markets account opening and digital onboarding
The Securities and Exchange Commission of Pakistan has formed a committee to streamline the account opening process with capital market intermediaries, aiming to enhance efficiency and customer experience. The committee will review the onboarding journey, identify bottlenecks, and recommend regulatory improvements, including digital onboarding enhancements. Members include representatives from the SECP, Pakistan Stock Exchange, and other key market entities.