July 04, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Pakistan Stock Exchange (PSX), conducted a webinar to strengthen transparency, regulatory compliance, and market integrity within Pakistan’s capital market ecosystem.
The event, titled “Promoting Transparency and Market Integrity: Prudential and AML/CFT Compliances,” was part of the regulator’s initiative to elevate governance standards and enhance investor protection through improved compliance practices among securities brokers.
Senior SECP officials provided participants with an overview of regulatory obligations for securities brokers under the Securities Act, 2015, and the Securities Brokers (Licensing and Operations) Regulations, 2016.
The session outlined critical responsibilities, including maintaining valid brokerage licenses, adhering to regulatory frameworks, safeguarding client assets, ensuring sufficient capital and financial resources, maintaining accurate accounting records, implementing robust internal controls, and establishing effective compliance systems and complaint-handling procedures.
The webinar also addressed anti-money laundering and countering the financing of terrorism (AML/CFT) compliance requirements. Participants were educated on the duties of regulated entities under the Anti-Money Laundering Act, 2010, and the AML/CFT/CPF Regulations, 2020, covering risk assessments, Know Your Customer (KYC) protocols, Customer Due Diligence (CDD), independent audits, compliance functions, and mandatory reporting.
SECP officials emphasized the importance of strengthening internal governance through continuous staff training, risk-based compliance strategies, and comprehensive compliance frameworks.
The session underscored the need for Enhanced Due Diligence (EDD) for high-risk clients, identifying Ultimate Beneficial Owners (UBOs), and submitting Currency Transaction Reports (CTR) and Suspicious Transaction Reports (STR) as required under fiduciary and regulatory guidelines.
During the interactive discussion, PSX officials highlighted common market misconceptions and challenges, while SECP representatives provided regulatory clarifications to assist participants in navigating the compliance landscape effectively.
The webinar saw strong attendance from securities brokers, reflecting the industry’s increasing commitment to regulatory compliance and governance excellence. The SECP affirmed its intention to continue hosting awareness initiatives to support market participants in meeting evolving regulatory standards and fostering a culture of compliance across Pakistan’s capital markets.