The Securities and Exchange Commission of Pakistan (SECP) will amend Companies Act to support startups, providing an empowering environment for young innovative entrepreneurs to succeed in their ventures, an official said on Thursday.
The SECP is taking various initiatives to create an enabling regulatory framework for facilitating startups in Pakistan. These measures will attract local and international innovators,” said Shauzab Ali, SECP’s Commissioner for Information System and Technology, speaking at a session. The consultative workshop was organised by the SECP at CDC House Karachi to discuss options for a coherent industry policy for startups.