The Securities and Exchange Commission of Pakistan (SECP) has sent proposed amendments to the Companies Act 2017 to the Finance Division for further consideration as part of ongoing regulatory reforms aimed at improving the country’s investment climate.
The proposals include the Board of Investment’s (BoI) Ultra-Fast Track Package along with wider changes designed to simplify regulations, promote digitalization, and make it easier to do business in Pakistan.
SECP Chairman Dr. Kabir Ahmed Sidhu briefed BoI officials on the progress of reform initiatives, with both sides reviewing measures aimed at strengthening investor confidence and improving regulatory efficiency. Key areas under discussion include updated rules for venture capital, private equity funds, and limited liability partnerships (LLPs), all intended to modernize Pakistan’s investment framework.
Officials also reviewed progress under the World Bank’s Business Ready framework, which includes 14 priority reforms. According to SECP, most of these measures have already been implemented, while the remaining are expected to be completed by 1 September 2026 ahead of the next World Bank assessment.
The meeting also considered the need for a clear, unified definition of startups to remove regulatory ambiguity and support new businesses. SECP and BoI reaffirmed their commitment to creating a more transparent and investor-friendly environment by reducing barriers to business formation and simplifying investment procedures.
