Sufyan Raza Butt

1. PRESENTED
BY
Securities and Exchange
Commission of Pakistan
(SUFYAN RAZA 15519)
(HAMZA IMRAN 15569)

2. SECP Introduction:
• SECP stands for Security and Exchange
Commission of Pakistan
• Financial Regulatory Agency in Pakistan
• Setup under the Act 1997
• This Act may be called as the Securities
and Exchange Commission of Pakistan
Act, 1997.
• It extends to the whole of Pakistan.

3. Establishment of commission
 The SECP was set up in pursuance of the SECP Act
1997
 And become operational in January 1999
 It was initially concerned with the regulation of
corporate sector and capital market.
 Over time, its mandate has expanded to include
supervision and regulation of insurance companies,
non-banking finance companies and private
pensions.

4. Definition
 The SECP is the financial regulatory agency in
Pakistan whose objective is to develop a modern and
efficient corporate sector
 In order to encourage investment and foster
economic growth and prosperity in Pakistan.

5. Vision, Mission and strategy
 Its VISION is the development of modern and efficient
corporate sector and capital market, based on sound
regulatory principles.
 MISSION is to develop a fair, efficient and transparent
regulatory framework, based on international legal
standards and best practices
 STRATEGY is to develop an efficient and dynamic
regulatory body , ensures proper risk management
procedures in the capital market, and protects investors
through responsive policy measures and effective
enforcement practices.

6. Functions
 These are the some following functions:
 Regulating the issue of securities
 Regulating the business in Stock Exchanges and any
other securities markets
 Prohibiting fraudulent and unfair trade practices
relating to securities markets
 Supervising and monitoring the activities of any central
depository and Stock Exchange clearing house
 Encouraging the organized development of the capital
market and the corporate sector in Pakistan

7. Objectives
 It was initially concerned with the regulation of
corporate sector and capital market.
 Now it also concern with the supervision and
regulation of insurance companies, non-banking
finance companies and private pensions.
 The SECP has also been entrusted with
oversight of various external service providers to
the corporate and financial sector.

8. SECP Division
 The SECP is divided into the following four divisions:
1. Securities Market Division
2. Company Law Division
3. Specialized Companies Division
4. Insurance Division

9.  Objective:
Growth of enterprise, protection of
investors and creditors, promotion of investment
and development of economy
Law division divided into three departments:
1. Registration Department
2. Enforcement Department
3. Management Team

10. Securities Market Division
 Objective:
Protection of investors, regulation of markets
dealings in securities
It has two department
1. Market Supervision and Capital Issues
Department.
2. Policy, Regulation and Development
Department.

11. 3.Specialized Companies Division
Objective:
 To provide a regulatory environment for
the development and promotion of a Non-
Bank Financial (NBF) sector.
 Protect the interests of shareholders,
depositors and policyholders under the
relevant laws.

12. 4. Insurance Division.
The main objectives includes:
 Regulates and monitors the Insurance
Sector through
 Insurance Ordinance, 2000 and the
Companies Ordinance, 1984

13. Thank you