Business & Finance

SECP urges businesses to corporatise, promote investment culture

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The Securities and Exchange Commission of Pakistan (SECP) has urged the country’s business and industrial community to formalize their enterprises through corporatisation, saying the move would improve governance, enhance transparency and unlock new financing and growth opportunities.

Speaking at the Sialkot Chamber of Commerce and Industry on Monday, SECP Commissioner Muzzafar Ahmed Mirza said the regulator was simplifying regulatory procedures, reducing compliance requirements and expanding digital services to make business incorporation and corporate compliance easier.

He said corporatization would provide businesses, including family-owned enterprises, with greater credibility, stronger governance frameworks and improved access to investment and formal financing channels.

Addressing the gathering, SECP Commissioner Muhammad Ali Farid Khwaja stressed the need to promote an investment culture in Pakistan and encouraged the business community and young people to participate in the capital market through informed investment decisions.

He said greater participation by local investors would strengthen the country’s financial markets, support wealth creation and contribute to broader economic development.

The commissioners reaffirmed the SECP’s commitment to building a transparent and digitally enabled corporate sector while encouraging wider participation of businesses and investors in Pakistan’s economic growth.

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