“SAFE’s project on developing a harmonized regulatory framework shall serve as a first step towards building a financially integrated south Asian region”, said Mr. Aftab Ahmad Ch., MD Lahore Stock Exchange and Secretary General SAFE during a press briefing session held by SAFE of its USAID Small Grants Program funded project on developing a regionally harmonized regulatory framework, on Thursday, 21st March 2013, at Lahore Stock Exchange, Lahore.

Mr. Aftab, in his speech, emphasized on the need to increase cross boarder financial activities within the South Asian region to create strong intraregional links and an integrated economic region. “Multiple success stories of cross border linkages of exchanges in European Union (EU), North America and Association of Southeast Asian Nations (ASEAN) have been witnessed”, said Mr. Aftab.

SAFE’s prime consultant Mr. Amir Raza Khan, gave an informative presentation on the project progress for the month of March 2013. Main focus of the presentation was to appraise the participants about the consultants’ visits to SAARC countries with the objectives of building relations with the industry working groups; appraising them about SAFE’s project objectives and outcomes; briefing on IOSCO guidelines and getting stakeholders’ feedback on regulations amendments.


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