Remove entry barriers: SECP launches 1-day account opening for investors

The Securities and Exchange Commission of Pakistan (SECP) has rolled out a single digital onboarding framework that aims to speed up opening investor accounts. Business Recorder reported, citing a statement issued on Friday, that Sehl and Sahulat accounts will be cleared within one working day, while Normal Accounts will take up to two. The regulator says the framework is aimed chiefly at first-time and online investors.

Each applicant will be issued a tracking ID, and any shortcomings in an application must be flagged within the prescribed period. Rejections will have to be explained in writing. The move forms part of a wider SECP effort to draw more retail investors, particularly young people, and to lift the investor base to 2.5 million.

SECP Chairman Kabir Ahmed Sidhu said the goal is to use technology so that investing becomes simpler, quicker and more reachable. Issued as Circular No. 19 of 2026, the rules apply one onboarding standard across securities brokers, fund managers, insurers and other regulated firms. Firms can accept checks that an eligible regulated institution or notified third party has already completed, sparing investors from repeating them, while API links allow instant UIN issuance and CDC sub-account opening, which cuts paperwork and manual work.