Third Multi Stakeholders' Advocacy Moot

SAFE held the Third Multi Stakeholders’ Advocacy Moot of its project on developing a regionally harmonized regulatory framework, on Friday 4th October, 2013, at Marriott Hotel, Islamabad Pakistan. The moot was widely attended by regional representatives of regulatory bodies and exchange representatives which included Securities and Exchange commissions from Sri Lanka, Pakistan, Bhutan, Maldives & Nepal, whereas representatives from Chittagong Stock Exchange Ltd, National Stock Exchange of India, Maldives Stock Exchange, Karachi Stock Exchange Ltd, Lahore Stock Exchange Ltd, Islamabad Stock Exchange Ltd, Nepal Stock Exchange Ltd, Central Depository Company and National Clearing company of Pakistan were also present at the event. Mr. Al Maruf Khan, Chirman SAFE and President Chittagong Stock Exchange (CSE) said that SAFE’s ideology advocates developing a self-sustaining platform that promotes mutual cooperation, formulating common standards and creating security by facilitating cross border listing and trade. Mr. Aftab Ahmad Ch Secretary General SAFE and MD Lahore Stock Exchange informed the meeting participants that the Regional Financial Integration project aims to provide a consolidated set of financial policies, carefully tailored to the benefit of all member associates that provide securities to stakeholders.  SAFE believes this initiative shall prove fundamental in creating better ties within the South Asian region in terms of support, security and developing our individual markets into well integrated regional platform to attract global investors.



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