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SECP consults stakeholders on country’s first financial dispute resolution center

Significant progress has been made in the establishment of the country’s first financial dispute resolution center for an immediate resolution of financial issues as in this regard, the Securities and Exchange Commission of Pakistan (SECP) has held consultations with important stakeholders, it was reported on Saturday.

Experts from the USA and Singapore have given a briefing on international models being used for settling financial disputes.

SECP Commissioner Muzaffar Ahmad Mirza has said that in order to ensure that people trust financial markets and that the financial system remains stable, it is imperative that there is a speedy resolution of these issues. “This will also help boost investors’ confidence,” he has hoped.

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