CLDP US visits SECP; swift solution to financial sector disputes

A delegation from the U.S. Department of Commerce’s CLDP visited SECP to discuss cooperation on developing effective out-of-court mechanisms for resolving corporate disputes. The discussions focused on establishing a dedicated ADR Centre in Pakistan, drawing on international best practices, with SECP expressing readiness to collaborate on advancing ADR reforms.

Chairman SECP Dr. Kabir Ahmed Sidhu emphasized that effective ADR mechanisms can reduce court burdens and business costs. SECP reaffirmed its readiness to collaborate with CLDP on advancing ADR reforms.