SECP, Directorate of Legal Education Pakistan sign landmark MoU

ISLAMABAD: The Securities and Exchange Commission of Pakistan

(SECP) has constituted a committee to evaluate the existing account

opening process with the intermediaries in capital markets, identify

pain points, recommend improvements in existing processes and

regulatory framework to make the account opening process more

time efficient and customer-friendly.

The Committee will review the end-to-end account opening process,

identify bottlenecks, propose improvements in the existing

processes and regulatory frameworks. With a view to simplify and

rationalize the account opening process, the committee will also

propose steps needed to enhance digital onboarding capabilities.

The Committee shall include representatives from SECP, Pakistan

Stock Exchange, National Clearing Company of Pakistan, Central

Depository Company, Pakistan Stock Brokers Association, and

EClear Services Limited.

The final report of the committee shall be submitted to SECP by

August 18, 2025.

The Directorate of Legal Education (DLE), PBC and the Securities &

Exchange Commission of Pakistan (SECP) held an MOU signing

ceremony in the Supreme Court Building.

The Federal Law Minister attended the ceremony as Chief Guest.

The MOU was signed between Barrister Usama Malik Director,

Directorate of Legal Education and Mr. Mujtaba Lodhi Commissioner

SECP. The MOU aims at enhancing collaboration between the two

organizations to promote trainings on the topics of corporate,

company, banking and insurance laws for lawyers and law students.

The Directorate will also facilitate trainings for prosecutors and in-

house legal counsels of SECP.

The ceremony was attended by Akif Saeed, Chairman SECP, Mujtaba

Lodhi Commissioner SECP, Zeeshan Khattak Commissioner SECP

and Muzaffar Mirza Commissioner SECP.

The ceremony was also attended by Ahsan Bhoon Member Pakistan

Bar Council, Qalb-e-Hassan Shah Chairman Legal Education

Committee, Amjad Shah Member Pakistan Bar Council and Rauf Atta

President Supreme Court Bar Association.

The Law Minister appreciated this collaboration and stressed the

need for enhanced continued legal education for lawyers. The

Chairman SECP also praised this effort and ensured full support in

this regard on behalf of SECP.

Barrister Usama Malik stated that this MOU is the start of a long

lasting collaboration between the two organizations which will

improve the standard of legal training for lawyers, law students and

SECP staff.–NNI