Eliminate renewal of license for security brokers
Reform ID		F379
Description		Elimination of the annual renewal requirement for Securities Broker licenses has been proposed to reduce administrative costs and regulatory burden, while maintaining market integrity in line with international best practices such as those of the SEC (USA) and FCA (UK).
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector		Financial Services
Start Date		18-08-2025
Target Deadline		18-09-2025
Date Enacted
Implementation Status		In Progress
Progress		0%
CCORR Direction		Eliminate
Cost Savings PKR (Mil.)		26.58
Evidence