Pakistan strengthens corporate dispute resolution

January 30, 2026 (MLN): Pakistan is advancing efforts to improve corporate dispute resolution and strengthen investor confidence through enhanced early and out-of-court mechanisms.

The Securities and Exchange Commission of Pakistan (SECP) hosted a delegation from the Commercial Law Development Program (CLDP) of the United States Department of Commerce to discuss cooperation on this initiative.

SECP officials briefed the delegation on the Commission’s mandate, regulatory framework, and supervisory role across the country’s financial sector, according to the press release. 

The CLDP delegation was led by Mr. Zmarak Khan, Deputy Chief Counsel, and included Ms. Alexa Black, International Program Specialist; Ms. Aleena Nasir, Attorney Advisor (International); Ms. Emily Rife, Senior Partner, CLDP; and Mr. Dave Moora, Senior Partner, Impact Associates.

Discussions focused on establishing a dedicated Alternative Dispute Resolution (ADR) Centre in Pakistan, modeled on international best practices.

These included Singapore’s Financial Industry Disputes Resolution Centre (FIDReC), which resolves consumer financial disputes through structured mediation and adjudication.

Mr. Muzzafar Ahmed Mirza, Commissioner (Law), SECP, highlighted ongoing initiatives to promote ADR, including the Small Dispute Resolution Committee in the insurance sector.

He also outlined SECP’s vision to expand ADR frameworks for timely, cost-effective corporate and financial dispute resolution.

The delegation also met Dr. Kabir Ahmed Sidhu, Chairman SECP, who stressed that effective ADR mechanisms can reduce court burdens, lower costs for businesses, and improve the ease of doing business in Pakistan.

Dr. Sidhu confirmed SECP’s commitment to working closely with CLDP to advance ADR reforms.

The Commercial Law Development Program (CLDP) provides technical assistance and institutional capacity-building to emerging economies, strengthening legal, regulatory, and policy frameworks that support trade, investment, and commercial activity.

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