Sindh govt makes third-party vehicle insurance mandatory

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has acknowledged the Sindh government for introducing amendments to the Motor Vehicles (Amendment) Act 2026, making third-party liability insurance mandatory for all vehicles registered in the province.

The move will enhance financial protection for road accident victims and enhance road safety measures. The SECP has expressed the hope that other provinces will adopt similar steps.

SECP has said that efforts were underway with the Punjab Provincial Transport Authority to link the vehicle route permit regime with the Motor Insurance Repository for online validation of insurance policies, further strengthening enforcement mechanisms nationwide.

The commission has been consistently engaging with provincial governments to strengthen the legal framework and guarantee effective enforcement of mandatory motor third-party insurance nationwide.

SECP hopes other provinces will follow suit

SECP hopes other provinces will follow suit

Through this amendment to the Provincial Motor Vehicles Ordinance, 1965, a new Section 67-H has been........

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