The Securities and Exchange Commission of Pakistan (SECP) held a consultative meeting with the Mutual Funds Association of Pakistan (MUFAP) on recent developments in the mutual fund industry and a forward reform roadmap focused on transparency, investor protection and financial inclusion. Key discussion items included the planned establishment of a Market Development Fund to deepen public engagement with mutual funds by supporting investor education and broader retail participation. SECP and MUFAP also agreed to work on stronger investor outreach through an improved distribution model, a robust fintech-enabled digital strategy, and a transition towards shariah-compliant practices, alongside continued emphasis on investor rights and enhanced disclosure standards.
Securites & Exchange Commission of Pakistan 2025-04-22
Securities and Exchange Commission of Pakistan consults MUFAP on mutual fund reforms including a proposed Market Development Fund
The Securities and Exchange Commission of Pakistan (SECP) and the Mutual Funds Association of Pakistan (MUFAP) discussed a reform roadmap for the mutual fund industry, emphasizing transparency, investor protection, and financial inclusion. Key initiatives include a Market Development Fund to boost public engagement, enhanced investor outreach through fintech, and a shift towards shariah-compliant practices.