SECP, MUFAP meet to discuss mutual fund reforms, investor protection

News Image

MG News | April 22, 2025 at 09:29 PM GMT+05:00

0:00

April 22, 2025 (MLN): To discuss recent developments in the mutual fund industry and outline a roadmap for future reforms focused on enhancing transparency, investor protection, and financial inclusion, the Securities and Exchange Commission of Pakistan (SECP) held a consultative meeting today with the Mutual Funds Association of Pakistan (MUFAP).

In its continued pursuit of strengthening investor awareness, the SECP discussed the establishment of a Market Development Fund aimed at deepening public engagement with mutual funds.

This fund is envisioned to serve as a key driver for enhancing investor education, broadening retail participation, and furthering the objectives of inclusive financial growth.

It was also agreed to apply concerted efforts towards investor outreach through an effective distribution model, leveraging the benefits of fintech via a robust digital strategy, and transitioning towards shariah-compliant practices.

The SECP reaffirmed its enduring commitment to fostering a well-regulated, transparent, and investor-friendly capital market ecosystem, according to the press release issued today.

The Commission continues to prioritize investor rights, protection, and enhanced disclosure standards to build investor confidence and promote sustainable growth of the asset management industry.

The meeting was attended by the Chairman SECP, the Commissioner Specialized Companies Division, the Executive Director Specialized Companies Division, and the Heads of Departments of Specialized Companies Division, underscoring SECP’s strong commitment to collaborative engagement with the industry.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 163,806.22
500.44M
-0.39%
-638.50
ALLSHR 99,845.79
1,977.49M
-0.42%
-417.42
KSE30 50,123.85
153.24M
-0.68%
-343.31
KMI30 238,530.50
71.49M
-0.36%
-850.63
KMIALLSHR 65,898.10
543.80M
-0.37%
-245.35
BKTi 46,380.96
92.15M
-0.49%
-229.01
OGTi 31,857.40
12.33M
-1.20%
-387.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,220.00 109,470.00
103,745.00
-1225.00
-1.13%
BRENT CRUDE 61.34 61.47
60.14
0.28
0.46%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 93.20 93.50
93.20
0.05
0.05%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.25 57.32
56.15
0.26
0.46%
SUGAR #11 WORLD 15.53 15.88
15.45
-0.27
-1.71%

Chart of the Day


Latest News
October 19, 2025 at 10:12 AM GMT+05:00

DCO to expand footprint in Pakistan


October 19, 2025 at 10:03 AM GMT+05:00

Weekly Market Roundup


October 18, 2025 at 01:59 PM GMT+05:00

SBP Revokes License of Exchange Company


October 18, 2025 at 01:36 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

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