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Home » Home » Order on Appeal No. 837-01/21 Hamza Hassan Khan Vs Securities and Exchange Commission of Pakistan & Pakistan Mercantile Exchange

Order on Appeal No. 837-01/21 Hamza Hassan Khan Vs Securities and Exchange Commission of Pakistan & Pakistan Mercantile Exchange

This commission is of the view that it is responsibility of the regulatory bodies to ensure that the respective private entities disclose to citizens all information pertaining to matters of public importance.

The commission held that be it right to education, right to healthcare, right to gainful employment, access to quality financial services, in short, exercise of all such rights is dependent on right to information. As such, regulatory bodies are required to ensure that all such rights of citizens are not compromised because of lack of transparency on the part of private entities.

The commission also held that the powers vested in this commission can only be exercised to the extent of ensuring provision of information to citizens that is declared public under the Right of Access to Information Act 2017 and cannot be exercised to issue directions to regulatory bodies in matters pertaining to their other functions.

 

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