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Dar inaugurates SECP’s web portal

byCT Report
08/06/2015
in Business
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ISLAMABAD: Finance Minister Mohammad Ishaq Dar Monday inaugurated the investor education web portal of the Securities and Exchange Commission of Pakistan’s (SECP) here.

The web portal `Jama Punji’ was envisioned to play a key role in the SECP’s overall investor education programme and awareness about different investment opportunities available in the country.

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The minister welcomed SECP’s initiative and hoped that the launch of this web portal would have a positive impact on investment trends of the people, said a press release.

He said that the portal would educate and train the common people on how to choose the right investment option. The portal launched by the SECP, he added, was user friendly.

The SECP web portal would act as a single point learning resource for the existing and potential users of financial products offered in the capital market, including mutual funds, pension fund and insurance industry and company registration, he added.

Speaking on the occasion, SECP Chairman Zafar ul Haq Hijazi said that in accordance with its mandate, the SECP under its Investor Education Programme was imparting knowledge through digital means, including web portal, SMS and social media and physical interaction via seminars and workshops.

He said that the SECP’s web portal’s exclusive features included risk profiler, scam meter, investment check lists, quizzes, games, calculator, stock trading simulator and information about various financial products.

It also provided investors facility to verify a company registration, dispute resolution mechanism and links to complaint registration, he added.

Hijazi said the fully integrated web portal was linked with social media and SMS service and the SECP would communicate with registered users for investor alerts, awareness messages regarding the financial market, rights and obligations of the investors; guiding them to investor education web portal and investor profiling.

For the physical interaction, a comprehensive youth outreach programme was being put in place in collaboration with universities and schools to conduct regular awareness sessions on the campus, he added.

For this, he said that memorandums of understanding (MoUs) would be inked with leading universities and schools across the country for holding seminars for students.

On similar pattern, arrangements were being made with professional bodies through MoUs, he added.

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