SECP introduces new category for transgenders

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a separate category for members of the transgender community in its online portal for company registration and compliance, ie, eServices.

Now in eServices, a person has an option to self-identify under three classifications, ie, male, female and other.

A statement issued the other day said that the initiative is in line with the government of Pakistan’s efforts to grant fundamental rights to transgender community, under “The Transgender Persons (Protection of Rights) Act, 2018”.

This act allows individuals to mention their identity on all official documents, including identity cards, passport, educational certificates and driving licences, the SECP statement said.

With this initiative, the transgender community is able to register a company or become shareholder or director in a company with personal identity of their choice, the SECP statement added.

 

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