Pakistan, Aug. 29 -- The Securities and Exchange Commission of Pakistan (SECP) has introduced a unified digital investor onboarding framework to make entry into Pakistan's capital market faster and easier by reducing repetitive verification, simplifying documentation and setting clear timelines for opening investor accounts.

According to a statement released on Friday, the framework particularly aims to facilitate first-time and digital investors, with Sehl/Sahulat accounts to be processed within one working day and Normal Accounts within two working days. Applicants will receive tracking IDs, while any deficiencies will be communicated within the prescribed timeframe and reasons for rejection provided in writing.

The initiative is part...