Pakistan, Aug. 28 -- The Securities and Exchange Commission of Pakistan has introduced a new digital onboarding framework for stock market investors. The system aims to make account opening faster and easier. Investors will also receive better access to application updates and processing information.

Under the new framework, investors can open a Sahulat account within one day. Meanwhile, authorities will decide investor account applications within two days. Applicants can track their requests through a unique tracking ID. Brokers must also provide written reasons when they reject an application.

Previously verified investors will not need to complete the verification process again. In addition, the new system will support digital onboar...