The SECP entered second phase of its end-to-end digital transformation and automation project, LEAP: Leading Efficiency through Automation Prowess, thereby automating its regulatory approvals and licensing regime.
Phase 2A of LEAP focuses on licensing and regulatory approvals, starting with insurance and expanding to NBFCs, securities markets, and Section 42 companies. In the first phase, the SECP launched eZfile, an advanced online portal for company registration and filings.