The Securities and Exchange Commission of Pakistan (SECP) has expanded its digital reform agenda by integrating with several key federal and provincial organizations through electronic data sharing under the Pakistan Regulatory Modernization Initiative (PRMI). In collaboration with the Board of Investment (BOI), SECP has signed Memorandums of Understanding (MoUs) with NEPRA, PRA, DRAP, SNGPL, PEMRA and IESCO, enabling secure access to company data through its eZfile portal. The agreements were signed by Muzzafar Ahmed Mirza, Commissioner SECP, reflecting the Commission’s commitment to digitizing processes and eliminating manual hurdles for businesses.
This latest integration follows earlier MoUs signed with entities including PSEB, STZA, PEC, PSW, BOI, PTA, KP-BOIT, KPRA and BRA. By widening its network of digital data partners, SECP is facilitating direct access to corporate information for regulators and service providers, reducing reliance on repetitive paperwork and manual submissions. Businesses will benefit from faster service delivery, streamlined compliance, and improved coordination among government institutions, allowing them to dedicate more resources to growth and innovation.
SECP emphasized that this reform aligns with its vision of “From Paper to Platform — 100% Online,” an initiative designed to simplify compliance and ensure businesses operate in a digital-first environment. By enabling organizations such as NEPRA, PRA and PEMRA to seamlessly access verified company records, the system enhances regulatory efficiency while also boosting transparency in corporate oversight. For entities like DRAP and SNGPL, digital access to business records is expected to accelerate approvals and service provision, directly supporting operational efficiency across different sectors.
Officials noted that the move represents a significant milestone in advancing ease of doing business in Pakistan. The government’s broader agenda of fostering a digital economy and creating an investor-friendly environment is reinforced through such reforms, which combine technological adoption with regulatory modernization. With the expansion of electronic data sharing under PRMI, SECP continues to establish itself as a central player in Pakistan’s digital governance ecosystem, ensuring that corporate entities, regulators and investors all benefit from smoother, more transparent, and more efficient interactions.
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