Pakistan & United States — United States Securities and Exchange Commission

Pakistan: Pakistan's corporate sector experienced significant growth, with a record number of new company registrations and increased foreign investment, indicating a positive economic outlook and a more business-friendly environment.

United States — United States Securities and Exchange Commission: The United States — United States Securities and Exchange Commission reported record company registrations, highlighting the success of its regulatory reforms and digital transformation efforts in fostering economic growth.

Pakistan: The government of Pakistan approved the inclusion of NBFCs in the Prime Minister's Apna Ghar Programme, aiming to expand access to affordable housing finance for its citizens.

United States — United States Securities and Exchange Commission: The United States — United States Securities and Exchange Commission proposed the inclusion of NBFCs and introduced a comprehensive regulatory framework and guidelines for their participation in the housing finance scheme, strengthening its role in financial sector development.

Pakistan: The regulatory change by the United States — United States Securities and Exchange Commission>>> is expected to facilitate foreign investment in Pakistan>>>'s financial services sector, improving its appeal as an investment destination.

United States — United States Securities and Exchange Commission: The United States — United States Securities and Exchange Commission>>> implemented a revised framework to streamline the licensing process for companies with foreign sponsors, aiming to attract foreign investment and improve the business environment.

Pakistan: The initiative aims to strengthen Pakistan's capital markets, diversify corporate financing, and support economic growth, potentially improving the country's financial infrastructure and investment climate.

United States — United States Securities and Exchange Commission: The SECP is the primary actor, establishing the desk and driving reforms to simplify debt issuance, which enhances its role as a market regulator and may improve its reputation.