SECP hosts first meeting of capital market supervisory authorities

News Image

MG News | August 30, 2022 at 11:45 PM GMT+05:00

0:00

August 30, 2022: Without a shared vision that taps into a larger pool of intellectual and physical resources, we cannot do justice to our mandates, said SECP Chairman Aamir Khan while addressing the first ever meeting of Economic Cooperation Organization (ECO) Heads of Capital Market Supervisory Authorities on Monday.  

The meeting was arranged by the ECO Secretariat, and hosted by the SECP, to promote sustainable socio-economic development of the region through collaboration between member states. The meeting was attended by representatives from eight of the total 10 ECO member countries, including Republic of Azerbaijan, Islamic Republic of Iran, Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Republic of Turkey, Turkmenistan, and Republic of Uzbekistan.

Mr. Khan stressed upon the importance of collaboration and knowledge sharing between member states, which will enable the region to achieve shared success. He also briefed participants about recent reforms carried out by SECP to improve Pakistan’s capital markets.

He reiterated SECP's commitment for enhancing cross-border cooperation, recalling the earlier meeting of capital market regulators forum of Central Asia Regional Economic Cooperation Forum hosted by SECP in 2019. He added that, "Our glorious shared and individual histories place a burden on us today to create the environment that fosters a sustainable future for posterity".

Ms. Musarat Jabeen, Executive Director SECP, welcomed the participants, and stated that through leveraging the experience of other member states, ECO members have huge potential for advancement in the realm of capital markets. Seyed Mohsen Esperi, Deputy Secretary General, ECO Secretariat, spoke about market connectivity and benefits of information sharing to make effective use of available opportunities in the region.

The participants exchanged views on establishment and mandate of the Capital Market Supervisory Authorities' Forum; opportunities and challenges faced by member countries, and deliberated on mechanisms for information sharing and regulatory capacity building of ECO members.

Representatives of member states appreciated this initiative, and shared their views on the current state of their capital markets.

Meysem Hamedi from Iran expressed appreciation for the establishment of the forum, stating that the forum will enable innovation in regional markets, which will benefit all countries.

Ms. Selcan Olca, from Turkiye, expressed that participating countries may learn from each other's experience, which will lead to overall strengthening of the regulatory framework in the region.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 138,345.75
206.67M
1.44%
1965.78
ALLSHR 85,643.12
491.07M
1.18%
994.76
KSE30 42,197.62
67.66M
1.57%
651.40
KMI30 194,742.34
70.19M
1.58%
3022.57
KMIALLSHR 56,431.54
293.58M
1.08%
603.80
BKTi 38,339.66
10.47M
1.35%
512.06
OGTi 27,907.72
9.94M
0.86%
237.05
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,445.00 119,915.00
118,035.00
-1185.00
-0.99%
BRENT CRUDE 68.50 69.01
68.34
-0.02
-0.03%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-0.65
-0.62%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.48 66.99
66.31
0.10
0.15%
SUGAR #11 WORLD 16.74 16.82
16.54
0.18
1.09%

Chart of the Day


Latest News
July 17, 2025 at 01:03 PM GMT+05:00

Global value chains drove growth in developing nations


July 17, 2025 at 12:46 PM GMT+05:00

Donald Trump to land in Pakistan on September 18


July 17, 2025 at 11:50 AM GMT+05:00

PSX Mid-Day: Bulls Take the Wheel



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg