SECP Approves Reforms to Boost Pakistan’s Business Score

For context, the Securities and Exchange Commission of Pakistan (SECP) has approved regulatory reforms aimed at improving Pakistan's performance in the World Bank Group's Business Ready (B-READY) assessment.

Key points

• Pakistan ranked 17th among 101 economies in the Business Entry category of the B-READY 2025 Report, scoring 86.64 points.
• SECP Cracks Down on 28, 761 Firms for Failing to Report Ultimate Beneficial Owners.
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• The regulator will additionally produce information regarding publicly funded programmes for small and medium-sized enterprises (SMEs) and women entrepreneurs available through its digital platforms.

Pakistan ranked 17th among 101 economies in the Business Entry category of the B-READY 2025 Report, scoring 86.64 points. The new measures are aimed at closing remaining gaps and bringing Pakistan's business regulations closer to international standards.

Under the reforms, SECP will expand the automated sharing of updated firm information with the Federal Board of Revenue (FBR) through application programming interfaces (APIs), in coordination with the Board of Investment. The move is projected to reduce duplicate compliance requirements for businesses.

SECP will additionally publish information on environmental approvals and operating permits on its website once the relevant authorities provide the data. This will offer businesses a single online source for key regulatory requirements.

Meanwhile, the regulator will additionally produce information regarding publicly funded programmes for small and medium-sized enterprises (SMEs) and women entrepreneurs available through its digital platforms.

In another measure, SECP will publish gender-related data on newly incorporated firms, including information on women shareholders, directors, chief executives and ultimate beneficial owners.

SECP remarked the reforms target areas where Pakistan can improve its B-READY score and strengthen its position in future rankings. Stay Connected with ProPakistani.

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In short, SECP Approves Reforms to Boost Pakistan's Business Score is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.