AVN 65.31 Decreased By ▼ -0.86 (-1.3%)
BAFL 30.25 No Change ▼ 0.00 (0%)
BOP 4.63 Decreased By ▼ -0.10 (-2.11%)
CNERGY 3.89 Decreased By ▼ -0.12 (-2.99%)
DFML 13.50 Decreased By ▼ -0.60 (-4.26%)
DGKC 42.15 Decreased By ▼ -1.54 (-3.52%)
EPCL 46.13 Increased By ▲ 1.48 (3.31%)
FCCL 11.45 Decreased By ▼ -0.38 (-3.21%)
FFL 5.19 Increased By ▲ 0.22 (4.43%)
FLYNG 5.82 Decreased By ▼ -0.28 (-4.59%)
GGL 10.04 Decreased By ▼ -0.34 (-3.28%)
HUBC 63.21 Increased By ▲ 0.91 (1.46%)
HUMNL 5.73 Decreased By ▼ -0.12 (-2.05%)
KAPCO 27.81 Increased By ▲ 0.26 (0.94%)
KEL 2.15 Decreased By ▼ -0.06 (-2.71%)
LOTCHEM 25.37 Decreased By ▼ -1.23 (-4.62%)
MLCF 21.65 Decreased By ▼ -0.87 (-3.86%)
NETSOL 84.95 Decreased By ▼ -1.25 (-1.45%)
OGDC 86.64 Increased By ▲ 0.37 (0.43%)
PAEL 10.96 Decreased By ▼ -0.31 (-2.75%)
PIBTL 4.21 Decreased By ▼ -0.07 (-1.64%)
PPL 78.65 Decreased By ▼ -1.43 (-1.79%)
PRL 13.61 Decreased By ▼ -0.05 (-0.37%)
SILK 0.88 Decreased By ▼ -0.02 (-2.22%)
SNGP 41.00 Decreased By ▼ -0.75 (-1.8%)
TELE 6.01 Decreased By ▼ -0.20 (-3.22%)
TPLP 16.02 Decreased By ▼ -0.25 (-1.54%)
TRG 111.89 Decreased By ▼ -0.66 (-0.59%)
UNITY 14.01 Decreased By ▼ -0.34 (-2.37%)
WTL 1.14 Decreased By ▼ -0.06 (-5%)
BR100 4,026 Decreased By -48.6 (-1.19%)
BR30 14,402 Decreased By -123 (-0.85%)
KSE100 40,451 Decreased By -396 (-0.97%)
KSE30 15,110 Decreased By -101.7 (-0.67%)
Business & Finance

SECP embarks on digital transformation, launches LEAP

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh Sabzwari Wednesday said the commis
Published May 29, 2019 Updated May 30, 2019
Follow us

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh Sabzwari Wednesday said the commission is embarking on digital transformation, end-to-end process automation and enabling user environment for all its regulatees.

He was speaking at digital transformation workshop, organized jointly by the SECP and SAP here, a SECP press release said.

Sabzwari said the SECP’s digital transformation would improve service quality, promote transparency and enable efficient interaction for its customers.

The SECP’s project for end-to-end digital transformation and automation is called “Leading Efficiency through Automation Prowess (LEAP).

The objective of the workshop was to spread awareness among market participants about SECP’s initiative and to get feedback and ideas from the stakeholders.

“The digital transformation is now a public sector imperative. Today’s citizens expect public services to be as personalized and responsive as the services they get from the private sector”, Sabzwari said and added that automation enhances the level of public trust in government, and drives better citizen outcomes.

The chairman said the SECP encourages greater collaboration with regulatees by involving them in decision-making, policy setting, budget prioritization, problem solving and the co-design of services.

This initiative will boost communication between SECP and it’s regulatees while providing them with a broader range of convenience enhancing digital services.

He mentioned that the SECP is collaborating with key stakeholders to deliver beneficial digital services.

This has played a significant role in improving Ease of Doing Business ranking for Pakistan.

Sabzwari said the SECP has started providing system generated Memorandum and Articles of Association, digital payments through 1 Link and one window facility for company registration.

Moreover, he said the SECP’s eService has been integrated with FBR, DOBI, PESSI/SESSI, Labor department and Excise and Taxation Department of Punjab and Sindh.

In a fast-paced interactive workshop, participants discussed various scenarios about how SECP could directly engage with its end-customers through digital technologies.

The participants shared information about latest trends in the field of information technology, discussed challenges, generated ideas to facilitate investment and businesses.

A large number of stakeholders from business community, government bodies, information technology experts, incubation centers and SECP’s officials attended the workshop.

Copyright APP (Associated Press of Pakistan), 2019
 

Comments

Comments are closed.

SECP embarks on digital transformation, launches LEAP

SBP denies USD rate capping caused loss

Import of used tractors: ECC asks MoC, SBP to rethink

IMF conditionalities: Govt raises fuel prices in a gesture of compliance

Imran Khan censures govt for ‘massive’ fuel hike

Dar says fiscal discipline has to be imposed

Hike to fuel inflation: Tarin

Decline in cess collection lands body in trouble: Food ministry seeks Rs666.64m grant for cotton committee

PKR slide likely to fuel inflation in a big way

Israel appears to have been behind drone strike on Iran: US official

Termination of SEL’s LoS: PPIB seeks comments from CPPA-G, NTDC