Karachi: An online session addressing recent amendments to the anti-money laundering (AML), counter-financing of terrorism (CFT), and counter-proliferation financing (CPF) regulations has been announced, aiming to facilitate the investor onboarding process. The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Pakistan Stock Exchange (PSX), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC), is set to conduct this session on July 13, 2026, at 4:00 PM via Zoom.

The SECP's recent regulatory amendments include the addition of International Bank Account Number (IBAN) verification as an alternative method for identity verification. These changes are designed to simplify and streamline the onboarding process for investors, enhancing compliance while reducing barriers to entry in the capital markets. According to information available from the Pakistan Stock Exchange (PSX), the amendments reflect a broader initiative to improve market accessibility and regulatory efficiency.

The session will provide a platform for capital market stakeholders to gain insights into these significant regulatory changes. Securities brokers have been advised to nominate their compliance officers, senior management, and operations personnel to attend the session for a comprehensive understanding of the new regulations.

All securities brokers have been encouraged to ensure full participation in the session, highlighting the importance of these amendments in the ongoing efforts to bolster financial integrity and investor confidence in the market.