The Securities and Exchange Commission of Pakistan (the Commission), in the exercise of its powers, hereby requires the corporate users of eZfile to adhere to precautionary measures against potential misuse or misreporting of company data in the eZfile portal.
SECP has issued circular number 23 of 2024 on cybersecurity guidelines for eZfile users.
The Commission launched its new online portal, eZfile, in February 2024. It is designed to simplify and streamline document submissions, ensuring enhanced user experience and regulatory compliance.
While the portal provides secured access to its data, it is essential to prioritize the protection of user login credentials, as these credentials protect sensitive corporate data and are key to make changes in company records. Directors and Chief Executive officers, as key decision-makers in corporate governance, face significant risks if their eZfile login credentials are compromised, as it may lead to unauthorized access, data manipulation and changes to company records, or fraudulent filings.
The SECP has directed that all the directors, chief executives, subscribers, authorized officers and authorized intermediaries must register with the Commission and obtain eZfile login credentials.
The eZfile login credentials are used for the submission of documents, digital verification of appointments, elections, and resignation and retirement of directors/chief executives of the company.
The SECP never requests your login credentials via email, phone calls, or any other means.
It is strongly recommended not to use public devices (someone else computer or desktop) to access your eZfile account.
If you suspect unauthorized access or observe any suspicious activity on your account, immediately report it to SECP at xs.secp.gov.pk, SECP advised.
All registered User are advised to adhere to the requirement of this circular and non-compliance of the above-stated precautionary measures as any unauthorized access by any person may result in manipulation of data and changes in company records, SECP added.
