{
  "id": 2974347,
  "title": "SECP sends draft Venture Capital Bill to BoI",
  "url": "https://urgent.news/2026/08/24/secp-sends-draft-venture-capital-bill-to-boi",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T07:22:20.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40436296/secp-sends-draft-venture-capital-bill-to-boi"
  },
  "original_language": "en",
  "account": "The Securities and Exchange Commission of Pakistan (SECP) has submitted a draft Venture Capital Bill to the Board of Investment (BoI) for their review. This legislation aims to boost investment opportunities for startups and technology firms in Pakistan, according to a Monday statement. Presently, formal access to venture capital for startups and tech companies in the country is limited. The SECP explained that the proposed law seeks to provide local startups with enhanced access to investment through venture capital. The draft legislation outlines a straightforward regulatory framework for venture capital funds and their managers, in addition to a simplified licensing and registration process for these funds. The proposed law would integrate venture capital activities into the formal financial system, thereby facilitating startup growth, attracting additional investment, and generating employment opportunities. Dr Kabir Sidhu, the SECP Chairman, emphasized that venture capital availability is crucial for the expansion of emerging startups. The SECP and the BoI will engage in public consultations with stakeholders regarding the Venture Capital Bill. Post the consultation phase, the bill will be forwarded to the government for legislative action.",
  "summary": "The Securities and Exchange Commission of Pakistan (SECP) sent the draft Venture Capital Bill to the Board of Investment (BoI) for consultation. The proposed legislation is aimed at increasing investment opportunities for startups and technology companies in Pakistan, according to a statement on Monday. As per the SECP, formal access to venture capital for startups and tech companies in the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}