In a strong push for faster justice and better regulatory oversight, the Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) successfully resolved 124 appeals during the 2024–2025 financial year — a move that reflects both efficiency and growing trust in the system.
Breaking down the numbers, 22 cases were related to the Insurance Ordinance 2000, 15 appeals stemmed from the Securities Act 2015, and 34 cases involved issues under the Companies Ordinance 1984 and the Companies Act 2017. Another 5 appeals dealt with violations of Non-Banking Finance Companies Regulations 2008.
Most notably, 48 appeals addressed serious compliance matters under SECP’s Anti-Money Laundering and Countering Financing of Terrorism Regulations (2018 & 2020) — a clear sign that financial accountability is being taken seriously.
Of the total 124 appeals, the Appellate Bench upheld 113 decisions made by SECP’s adjudicating officers and reversed 11, underlining its role as an independent and fair platform for grievance redressal.
In a step toward greater transparency, all decisions are publicly available on the SECP’s official website. The Bench also registered 73 new appeals during the same period, reflecting its increasing relevance as a go-to venue for resolving regulatory disputes.
To make the process more accessible for stakeholders outside the capital, the Appellate Bench has also started holding hearings in SECP’s regional offices across major cities — a small but meaningful move to make justice more reachable.
The Commission’s efforts highlight its ongoing commitment to transparency, accountability, and good governance in Pakistan’s financial and corporate sectors.
