The
Chairman, Securities and Exchange Commission of Pakistan
(SECP), Razi-ur-Rahman Khan, while speaking to the national
media has said that due to the risk management and transparency
measures taken by SECP, manipulations in the capital
markets have been minimized to a large extent.
“No major decline has been witnessed
in the Karachi Stock Exchange in 2007 despite being
a turbulent year, which is mainly due to the risk management
measures taken by SECP,” Mr. Khan said.
The development of modern and efficient corporate sector and capital market, based on sound regulatory principles, that provide impetus for high economic growth and foster social harmony in the Country.
To develop a fair, efficient and transparent regulatory framework, based on international legal standards and best practices, for the protection of investors and mitigation of systemic risk aimed at fostering growth of a robust corporate sector and broad based capital market in Pakistan.
To develop an efficient and dynamic regulatory body that fosters principles of good governance in the corporate sector, ensures proper risk management procedures in the capital market, and protects investors through responsive policy measures and effective enforcement practices.
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