The Securities and Exchange Commission of Pakistan (SECP) has established a high-level working group tasked with overhauling the country's corporate debt market.
The move signals a renewed regulatory push to address structural weaknesses that have historically constrained the growth of Pakistan's bond sector.
The working group is chaired by SECP Commissioner Muhammad Ali Farid Khwaja.
Its mandate is to develop and present comprehensive recommendations for reforming the debt market framework.
The initiative comes as regulators seek to broaden the investor base and improve liquidity in corporate credit instruments.
This development follows earlier regulatory efforts to strengthen market integrity, including proposed overhauls of credit rating agency rules.