In order to stop the ongoing financial frauds and other activities, the Securities and Exchange Commission of Pakistan (SECP) has launched the “Jumapunji” initiative. Within a short period of time, JamaPunji has successfully collaborated with various institutions in Islamabad, Karachi, Lahore, Peshawar, Multan, Faisalabad, even the universities of under developing areas from Azad Jammu Kashmir, UST Bannu, etc.
In addition to the above, SECP started off by signing Memorandum of Understanding (MoU) with academia and private organizations in order to fulfill the fundamental needs of providing knowledge and understanding of financial markets; which is actually the need of hour in the contemporary deceptive and fraudulent financial market. Recently, SECP has signed MOU with IIUI to empower knowledge of students mainly the youth and spread awareness regarding financial investments.
“JamaPunji” is an Excellent Efforts by SECP to Eradicate Financial Frauds in Pakistan
Keeping in view the aforementioned reasons, SECP is brilliantly serving the general public by providing investor education and awareness sessions under JamaPunji initiative. Some of the worth praising areas Jamapunji is currently focusing on and fully dedicated to include:
- To equip the common man with knowledge and basic skills regarding financial decisions and to manage money carefully
- To improve financial literacy in Pakistan
- To provide knowledge about financial markets and products to every segment of the society so that no one suffers any kind of fraudulent activity
It is also being heard that SECP is working with Higher Education Commission (HEC) for the revision on curriculum.
If SECP keeps on this spirit then there will be fewer chances of financial frauds to occur in the society. Additionally the general public will be able to make safe financial decisions be it regarding the banking, insurance, stock market, or any sort of investment and even retirement planning.
Another worth praising and noticeable effort from SECP side is that it is also active on the social media platform Facebook and equally informing the general public regarding Jamapunji. As for a better shout out, the social media awareness can also reach to maximum people. Also currently there are only few Government/semi Govt. bodies that are active on social media. Hence, SECP had timely taken the decision to join social media platform and it must use Twitter etc. to convey the message to larger audience.
W expect that Jamapunji successfully reaches to every corner of Pakistan and keeps on working with same passion and dedication.
For More Details Please Visit: Jamapunji.pk