SECP signs MoU with Capital Market Board (CMB) of Turkey – Alfalah Securities Limited

Karachi: The Securities and Exchange Commission of Pakistan (SECP) has recently signed a Memorandum of Understanding (MoU) with the Capital Market Board (CMB) of Turkey in order to promote cooperation and exchange of information among the two authorities.

According to Alfalah Securities, the MoU signed would emphasize that the two regulators work together and ensure that the securities and commodities markets in Pakistan and Turkey are efficient and transparent. SECP has also signed MoUs with the regulatory authorities of India, China, Maldives, Australia, Bhutan, Sri Lanka and Iran to promote bilateral trade and cooperation on the international level. The MoU would enable the two countries to the develop the Capital markets in Pakistan and Turkey along with exploring new ways of collaboration and bilateral trade.