PAKISTAN: The Securities and Exchange Commission Pakistan (SECP) has introduced a series of regulatory measures to enhance the mutual funds industry, including the launch of the Digital Asset Management Companies framework, which includes reduced minimum equity and fund size thresholds, as well as fully digital onboarding.
The SECP also registered the Mutual Funds Association of Pakistan (MUFAP) as a Self-Regulatory Organization under the SECP Act 1997. MUFAP will now assist the SECP in regulatory development, member compliance and investor outreach. Additionally, the regulator formed a dedicated committee to accelerate ETF market growth and improve investor participation.
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