SECP Organizes Investor Awareness Seminar In Karachi

ISLAMABAD, (UrduPoint / Pakistan Point News - 17th Nov, 2016 ) : The Securities and Exchange Commission of Pakistan under its initiative of educating the current and potential investors organized a day-long seminar for the trainees and employees of EY Ford Rhodes at ICAP Karachi.

Experienced professionals of the financial markets and students attended the seminar, said a statement issued by the Commission here today. Ms Khalida Habib, Director/Head Investor Education Department in her opening remarks said that SECP is aiming to bring a shift in Pakistani society from its current consumption mode to adopting saving and investment as a culture and norm.

She further expressed SECP's commitment to achieve a milestone to implement an agenda of improving the financial capabilities of investors and protecting them. She said that the support of Industry in SECP's investor education program will indeed go a long way to develop financial literacy among the people.

Ashraf Bava from CFA Society Pakistan gave a comprehensive presentation about Financial Planning and its value. Mr. Shahid Ghaffar MD NIT presented the concept of Mutual Funds and all the basics that an investor needs to know.

He clarified participant's queries and elaborated their possible venues in terms of investing in Mutual Funds and the procedures thereof. Muhammad Sohail, psx TREC Holder talked about the importance and macro plus micro structure of our Capital Markets.

He elaborated on different important concepts and procedures about the capital markets and carried on with an interactive session with the audience. Naeem Khan Joint Registrar Company Registration Office Karachi elaborated the procedures encompassing Company Incorporation.

Mr. Imran Ahmad Executive Director EFU General Insurance shed light on the fundamentals of Insurance and elaborated its avenues. The session concluded with remarks by Shaikh Ahmed Salman, Partner EY Ford Rhodes, expressing his gratitude towards SECP for taking this important initiative and termed it as an investment of the future.

He emphasized that the topics learned throughout the day would go a long way in professional lives of young trainee accountants / auditors as these principles of investment, savings and insurance are vital to understand today's economic environment.