The Securities and Exchange Commission of Pakistan (SECP) convened an emergent meeting on Wednesday to assess the situation in the wake of geopolitical tensions triggered by Indian aggression against Pakistan, affirming its commitment to ensure continuity in capital market operations.
The meeting included the participation of all Capital Market Infrastructure Institutions, including the Pakistan Stock Exchange, the National Clearing Company of Pakistan and the Central Depository Company, stressing on the need to preserve market stability and investor confidence.
Assuring that robust and efficient risk management measures are in place to ensure smooth functioning of Pakistan’s capital markets, the SECP advised all institutions to immediately enhance their security protocols and operational continuity measures. This includes strengthening cybersecurity defenses across all trading, risk management, clearing, and settlement systems and activating full business continuity plans. The institutions were further advised to reinforce their physical security arrangements at all facilities.
The SECP said it remains vigilant and would issue further updates, as necessary. It also encouraged market participants to continue operations as usual, with the SECP and institutions closely monitoring developments to safeguard market integrity.