AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, May 16, 2012 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has been successfully elected to the International Organization of Securities Commissions (IOSCO) Board in a conference held yesterday in Beijing, making it the first ever Pakistani regulatory body to be elected for a decision making role at an international forum.
According to Alfalah Securities Limited, SECP has also been a member of IOSCO since 1998. IOSCO is an international standard setter in the field of securities regulation, having a membership base from 115 countries and covering more than 95% of the world’s capital markets. It is also responsible for the establishment and maintenance of high regulatory standards for the securities industry.