Standalone Venture Capital Act establishing a dedicated, proportionate regulatory framework separate from existing Companies Act and NBFC requirements.
Reform IDF567
DescriptionBefore: The venture capital (VC) sector in Pakistan lacked a dedicated regulatory framework. SECP had no standalone VC Act, leaving investors and fund managers navigating general securities law that was not tailored to the risk profile, structure, or lifecycle of VC funds. This created legal ambiguity, deterred domestic and foreign VC investment, and left startups without a clearly defined capital-raising pathway.
DepartmentSecurities and Exchange Commission of Pakistan (SECP);Securities and Exchange Commission of Pakistan (SECP);Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date04-02-2026
Target Deadline
Date Enacted
Implementation StatusCompleted
Progress 100%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence