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SECP to implement business process re-engineering model for LLPs

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The Securities and Exchange Commission of Pakistan, under its Leading Efficiency through Automation Prowess program, has initiated Business Process Re-Engineering activity.

BPR is a business management strategy that involves the radical redesign of the core business processes to achieve dramatic improvements in productivity, turn-around time (TAT) and quality.

In this regard, a detailed business model for Limited Liability Partnerships (LLP), along with proposed improvements and changes was presented to the senior management of SECP for acceptance today by Ernst & Young Ford Rhodes (EYFR), at SECP head office.—NNI

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