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SECP sets annual performance targets for its senior management.
Byline: RECORDER REPORT
The Securities and Exchange Commission of Pakistan (SECP) has fixed annual targets (2011-12) for its senior management, covering broader areas like sector/markets, regulatees, capabilities/processes, IT systems and financial sectors, etc, under the Commission's strategic plan for development of the capital markets, corporate sector and effective enforcement by the corporate sector.
It is learnt that the SECP is also planning to take measures to amend existing laws and chalk out new legislation for introduction of new products, strengthening of capital based market of intermediaries and encouragement of new listings.
Sources said that …
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