Islamabad, May 7, 2025 – Amid escalating geopolitical tensions in the region, the Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange (PSX) to strengthen its security protocols in order to safeguard market operations and investor interests.
In an emergency meeting held on Wednesday, the SECP convened top representatives of the Capital Market Infrastructure Institutions (CMIIs), including the PSX, National Clearing Company of Pakistan Limited (NCCPL), and Central Depository Company (CDC). The session focused on reviewing existing risk management systems and evaluating the readiness of capital market institutions to handle any disruptions that may arise due to the evolving regional situation.
A press release issued by the SECP emphasized the critical need to maintain capital market stability and investor confidence. “The SECP reaffirms its commitment to ensuring the uninterrupted functioning of Pakistan’s capital markets, particularly in these uncertain times,” the statement read.
During the meeting, the CMIIs assured the commission that effective risk mitigation frameworks are already in place. However, given the heightened external risks, the SECP has advised all market institutions to immediately upgrade their security measures—both physical and digital.
In particular, the PSX has been instructed to implement advanced cybersecurity protocols to secure its trading platforms, risk management systems, clearing operations, and settlement processes. Moreover, the exchange has been asked to activate its comprehensive business continuity plans and reinforce the physical security of its infrastructure.
The term “security” was repeatedly highlighted throughout the meeting, underscoring its significance not only in terms of cybersecurity but also in the broader context of institutional resilience. PSX, being the nerve center of Pakistan’s financial markets, is expected to play a central role in ensuring operational security, transactional security, and overall market confidence.
The SECP remains on high alert and will continue to issue necessary guidance in real-time. Market participants have been encouraged to continue normal operations while staying informed and aligned with any further directives.
As tensions persist in the region, the emphasis on security at the PSX and across CMIIs will be pivotal in maintaining the integrity and smooth functioning of the country’s financial ecosystem.