The Securities and Exchange Commission of Pakistan briefed a Senate Finance and Revenue subcommittee on unauthorized share transfers and legal disputes involving forged signatures and other unlawful practices. The committee was informed that the SECP is digitalizing Pakistan’s share market to strengthen transparency, security and investor protection. The regulator also said strict action is being taken against individuals and companies involved in illegal securities transactions.

A Senate parliamentary committee on finance and revenue has recommended introducing facial recognition technology to assist taxpayers whose fingerprints have faded or cannot be verified. The committee directed the Federal Board of Revenue and the National Database and Registration Authority to coordinate and urgently resolve the biometric verification issue. The proposed system could provide an alternative identity-verification method and improve taxpayers’ access to essential FBR services.

Pakistan’s annual consumer price inflation surged to 11.15% in August 2026, up from 9.2% in July, according to the Pakistan Bureau of Statistics. Urban inflation accelerated to 10.4%, while rural inflation remained above both the national and urban rates. On a month-on-month basis, urban prices increased by 0.9%, signaling stronger inflationary pressure across the country.