SECP’s rank inched up in Financial Development index – Alfalah Securities Limited

Karachi, November 02, 2012 (PPI-OT): Securities and Exchange Commission of Pakistan’s rank has improved by 5 points in the Financial Development Index 2012 to 37th position out of 62 securities regulators of the World, mainly due to recent structural and organizational reforms.

According to Alfalah Securities Limited, this has been done on the back of implementation of rules towards improved governance and transparency, demutualization of stock exchanges, the capital market investor education and awareness programs, implementation of e-IPO concept and launch of new Takaful rules.

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