Aimed COVID-19; SECP to continue adjudication function through online hearings.

ISLAMABAD -- The SECP, to ensure continuity of its adjudication function, while keeping the health and safety of respondents at forefront, has decided to conduct hearings through video conferencing facility where respondents can make their hearing submissions from their respective safe locations, be it their offices or homes.

This decision has been taken in response to disruptions caused by COVID-19 emergency; however, it will be a permanent facility for participating in SECP adjudications related hearings, said a press release issued here on Wednesday.

To this effect, the commission has approved major adjustments in standard operating procedures and internal guidelines allowing service of notices and orders through email, use of video conferencing facility for conducting hearings and extension in timelines for adjudication processes. Show Cause Notices and Orders will now be served to respondents through emails.

This...