SECP pledges to facilitate women entrepreneurs


Staff Reporter


Security and Exchange Commission of Pakistan (SECP) start its “Jamapunji” awareness campaign and vows to facilitate the women entrepreneurs in the country. As part of its “Jamapunji” awareness campaign, the SECP in association with the Indus Entrepreneurs (TiE) and the US-Pakistan Women’s Council (USPWC), held its first preparatory session with regard to Supply Chain Diversity Expo for incipient entrepreneurs at TiE’s WECREATE center, said a statement issued by SECP here on Thursday.
The objective of this event was to encourage gender diverse supply chains where men and women avail themselves of equal opportunity in benefiting from new market without any gender discrimination.
The SECP assured the audience that, in collaboration with TiE, it would do everything possible to facilitate women entrepreneurs. The SECP officials briefed the audience about the company registration process and corporate structure of startups.
Meanwhile, the committee constituted by the Securities and Exchange Commission of Pakistan (SECP) to submit recommendations for extending financing to capital market and review existing leverage market products will submit its report to the Commission soon.
The third meeting of the committee held on Thursday. The committee reviewed the best international practices for extending financing to capital market and reviewed existing leverage market products to identify any practical hurdles. The committee, which is recommendatory in nature, had held detailed deliberations. The committee has started formulation of its recommendations for onwards submission to the SECP.
The SECP will review the recommendations of the committee keeping in forefront the core objectives of effective risk management, maintaining discipline and transparency in the market and protection of investor interests.