The Securities and Exchange Commission of Pakistan (SECP) conducted a workshop for journalists from the Council of Energy and Economic Journalists (CEEJ) at its headquarters, focusing on overseeing trading activities at the Pakistan Stock Exchange. During the session, the SECP team highlighted the crucial role of the stock exchange in capital formation, financial inclusion, and investment diversification. The journalists were educated about the operational aspects of the Pakistan Stock Exchange, the National Clearing Company, and the Central Depository Company of Pakistan Limited, collectively known as Capital Market Infrastructure Institutions (CMIIs).
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A key topic of discussion was the digital online account opening process facilitated by the newly introduced Centralized Gateway Portal (CGP) for retail investors across various financial intermediaries such as brokers, asset management companies, and insurance firms. This streamlined process simplifies account opening by consolidating necessary documents and details within the CGP.
The presentation on market surveillance elucidated SECP’s role in monitoring market activities. Participants learned about different forms of market abuse, including insider trading and market manipulation, and were briefed on surveillance tools deployed by SECP and PSX.
The workshop included case studies to enhance understanding of market abuses, particularly insider trading and market manipulation. SECP’s Commissioner of Securities Markets, Abdul Rehman Warraich, detailed SECP’s surveillance mandate and addressed participants’ questions. The session concluded with an engaging question and answer segment, underscoring the importance of regular communication between regulators and the media to enhance regulatory effectiveness and responsible media reporting.
