The Securities and Exchange Commission of Pakistan (SECP), in partnership with the Board of Investment (BOI), has taken a major step toward regulatory digitization by signing agreements with key regulatory bodies to facilitate electronic data sharing. This move, part of the Pakistan Regulatory Modernization Initiative (PRMI), aims to streamline processes for businesses and reduce reliance on traditional paperwork.
Under the new Memorandums of Understanding, SECP has collaborated with authorities such as NEPRA, PRA, DRAP, SNGPL, PEMRA, and IESCO. These organizations will now be able to access company information electronically through SECP’s eZfile portal. SECP Commissioner Muzzafar Ahmed Mirza represented the Commission during the signing.
This latest expansion follows earlier MoUs with organizations including the Pakistan Software Export Board, Special Technology Zones Authority, Pakistan Engineering Council, Pakistan Single Window, Pakistan Telecommunication Authority, and several provincial investment and revenue authorities. With each new integration, more agencies can obtain company data digitally, reducing the need for businesses to submit the same information repeatedly.
The SECP’s transition from manual filing to digital platforms will significantly simplify compliance for corporate entities. By minimizing paperwork and accelerating service delivery, the regulator aims to foster a business environment where companies can focus more on growth and innovation.
Highlighting its commitment to fully online operations, SECP is working to make regulatory procedures easier and more efficient. This digitization initiative is expected to benefit the wider business community, promote transparency, and support national economic development.
