Allow appointment of proxies for meeting electronically
Reform IDF372
DescriptionAllowance for electronic appointment and submission of proxies, with the submission period reduced from 48 to 24 hours before meetings has been proposed to reduce administrative workload and costs while aligning with international best practices such as those in Singapore and the UK.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationFederal - Entire Pakistan
SectorFinancial Services
Start Date24-06-2025
Target Deadline24-09-2025
Date Enacted
Implementation StatusIn Progress
Progress 50%
CCORR DirectionSimplify
Cost Savings PKR (Mil.)3960
Evidence