Securities and Exchange Commission of Pakistan
Financial regulator in Pakistan / From Wikipedia, the free encyclopedia
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The Securities and Exchange Commission of Pakistan (SECP) (Urdu: ماموریہ تمسکات و مبادلہ پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the financial regulatory agency in Pakistan whose objective is to develop a modern and efficient corporate sector and a capital market based on sound authority principles, in order to encourage investment and foster economic growth and prosperity in Pakistan.[1][2][3]
Agency overview | |
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Formed | 1 January 1999 (1999 -January-01) |
Preceding agency |
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Jurisdiction | Pakistan |
Headquarters | Islamabad, Pakistan |
Agency executive |
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Website | http://www.secp.gov.pk |
The SECP is a collegiate body with collective responsibility. The operational and executive authority of the SECP is vested in the Chairman who is the SECP's chief executive officer (CEO). The Chairman is assisted by four Commissioners to oversee the working of various operational units as may be determined by him. The SECP has nine company registration offices located at in Islamabad, Karachi, Lahore, Multan, Peshawar, Sukkur, Faisalabad, Quetta and Gilgit-Baltistan.