ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a Consultation Paper on potential areas of improvement in the the overall conduct of listed companies during the Corporate Briefing Session (CBS). This exercise is aimed at ensuring that listed companies hold these sessions in true letter and spirit to provide investors and research analysts an opportunity for timely and accurate dissemination of information relating to financial and operational matters. As the apex regulator of the capital markets, SECP firmly believes in greater transparency in the stock market. CBS provides a unique opportunity to listed companies for sharing deeper insights into their operations and address any potential concerns of relevant stakeholders. It is envisaged that through improvements in the conduct of CBS, the enhanced transparency will boost investor confidence in the stock market, which in turn will aid in efficient price discovery. News Desk
