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SECP approves disclosure framework under global principles

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Islamabad

In adherence to internationally recognized standards of regulation and oversight, the Securities and Exchange Commission of Pakistan has approved disclosure framework to provide participants and general public with sufficient information for better understanding of Financial Market Infrastructures, regulatory, supervisory, and oversight policies of SECP with respect to FMIs and complete regulatory and operational landscape.
The disclosure framework has been prepared in accordance with the Principles for Financial Market Infrastructure that pertain to standards of governance, risk management and protection of interests of participants. The PFMIs have been jointly developed by International Organization of Securities Commission and Committee on Payments and Market Infrastructures and recognized by the IMF and the World Bank.—APP

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