Task force formed

ISLAMABAD: The government has formed a joint task force of the Federal Investigation Agency (FIA) and Securities and Exchange Commission of Pakistan (SECP) to deal with the sensitive issues in the capital market, a statement said on Monday. 

“This joint task force will discuss all matters prior to initiation of any actions by FIA pertaining to the capital market,” the statement said.

It said both the government institutions have nominated their senior officers as members for the joint task force. “Nominations of officers at the zonal/operational level between the two institutions have been initiated,” it added. 

The first joint task force meeting is scheduled on January 19.

Zafar Hijazi, chairman at SECP said this endeavor will lead to ‘greater’ investor protection and confidence in the capital market of Pakistan.