SECP and PTA collaborate to Protect the Public from Illegal Loan Apps
The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Telecommunication Authority (PTA) have decided to collaborate and establish a joint monitoring and reporting mechanism to address the problem of illegal lending apps. The SECP Chairman, Akif Saeed, and the PTA Chairman, Major General (Retd) Hafeez Ur Rehman, held a high-level meeting to explore areas of mutual interest and foster effective cooperation between the two institutions.