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ISLAMABAD: Pakistan Digital Authority (PDA) and Securities and Exchange Commission of Pakistan (SECP) Thursday agreed that the digital data exchange among federal/provincial governments, private sector and citizens will be key to successfully implementing digital initiatives under the Digital Citizen Act 2025.

The Chairperson of the Pakistan Digital Authority (PDA), Dr. Sohail Munir, visited the Securities and Exchange Commission of Pakistan (SECP) today for a meeting with Chairperson Akif Saeed and the senior management.

The digital identity of every person and company will reduce cost of doing business of companies and improve efficiency through prompt exchange and verification of data among State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Pakistan Telecommunication Authority (PTA) and Nadra.

Akif Saeed shared an overview of the Commission's digital journey, spearheaded by its flagship Leap Project. He specifically focused on the end-to-end digitalization of the company registration process, aimed at enhancing the ease of doing business in Pakistan.

Dr Sohail Munir presented a summary of the PDA's mandate to accelerate digital transformation across the country and thanked the SECP for its proactive engagement. Both sides agreed to hold follow-up meetings in the near future to further explore collaboration in areas of mutual interest.

Copyright Business Recorder, 2025

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