The Securities and Exchange Commission of Pakistan (SECP) on Tuesday hosted a financial reporting workshop for journalists to elaborate on various factors and elements that can impact performance and cause volatility in the equities market.
Senior journalists from print and electronic media attended the seminar, said a press release issued here. Ms. Musarat Jabeen, Executive Director and the chief spokesperson of SECP, while welcoming the participants, briefed them about various reforms initiated by the SECP to strengthen the capital and equity markets, especially the recent reform for safeguarding the interests of minority shareholders. She talked about SECP’s measures to deepen the market and enable market growth through the digital taking on board the retail investors. She also appraised participants on liquidity, leverage, volatility, holdings, redemptions, solvency risk, reinsurance, and investment risk.
Abdul Rehman Warraich, Commissioner Securities Market Division (SMD) defined the stock exchange as a place for capital formation, financial inclusion, channeling savings, and diversifying investments. He gave detailed responses to queries on various functions of the stock exchange and explained the regulatory regime. —APP
