Islamabad, August 21, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has expanded its digital transformation drive by signing Memorandums of Understanding (MoUs) with major federal and provincial organizations under the Pakistan Regulatory Modernization Initiative (PRMI).

In collaboration with the Board of Investment (BOI), SECP has partnered with the National Electric Power Regulatory Authority (NEPRA), Punjab Revenue Authority (PRA), Drug Regulatory Authority of Pakistan (DRAP), Sui Northern Gas Pipelines Limited (SNGPL), Pakistan Electronic Media Regulatory Authority (PEMRA), and Islamabad Electric Supply Company (IESCO).

The agreements, signed by SECP Commissioner Muzzafar Ahmed Mirza, will enable electronic data sharing through SECP’s eZfile portal, creating a more efficient and transparent regulatory ecosystem.

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Previous Collaborations

Earlier, SECP had signed similar MoUs with Pakistan Software Export Board (PSEB), Special Technology Zones Authority (STZA), Pakistan Engineering Council (PEC), Pakistan Single Window (PSW), Pakistan Telecommunication Authority (PTA), Khyber Pakhtunkhwa Board of Investment and Trade (KP-BOIT), Khyber Pakhtunkhwa Revenue Authority (KPRA), and Balochistan Revenue Authority (BRA).

Key Impact

The integration will:

  • Eliminate repetitive manual submissions for businesses
  • Reduce paperwork and delays in compliance processes
  • Provide faster access to services from integrated organizations

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SECP’s Digital Vision

The initiative reflects SECP’s digital transformation agenda of “From Paper to Platform — 100% Online.” By simplifying compliance, SECP aims to enable businesses to focus on growth and innovation rather than bureaucratic hurdles.

Boost to Ease of Doing Business

This step is seen as a significant reform towards improving Pakistan’s business environment, aligning with the government’s goal of creating a digital, transparent, and investor-friendly economy.

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