South Asian Securities Regulators' Forum

On the initiative of SAFE, in its fifth AGM held in May 2005 in Islamabad, South Asian Securities Regulators’ Forum was established. Prime objective for the establishment of the said forum was to attain support of the regional securities regulators for the developmental projects of SAFE, particularly, for the projects like encouraging cross border listing and trading in the region.

In May 2005, the Prime Minister of Pakistan chaired the signing ceremony of a Memorandum of Understanding (MoU) between the securities regulatory bodies of Bangladesh, Bhutan, Mauritius, Nepal and Pakistan. The MoU established a voluntary and cooperative body, the SASRF, for increasing mutual cooperation and exchange of information among the member countries.



The first meeting of the SASRF was subsequently held in Islamabad at that time. During the meeting, Dr. Tariq Hassan, Chairman of the Commission and Mr. Deepak Raj Kaflé, Chairman of the Securities Board Nepal were elected as the chair and vice-chair of the SASRF, respectively.



India and Maldives became signatories to the SASRF MOU in December 2005 while SEC Sri Lanka joined the forum in 2006.



MOU Signed Between the Regional Securities Regulators
SASRF Members
TitleRepresentativeAddressPhone/FaxEmail/Website
Securities and Exchange Commission of Bangladesh Mr. Md. Ziaul Haque Khondker - Chairman Jiban Bima Tower 15th,16th & 20th Floors 10, Dilkusha Commercial Area Dhaka-1000 BANGLADESH Phone: (880 2) 956 8101-2,
(880 2) 956 1525
Fax: (880 2) 956 3721
Email: secbd@bdmail.net
Website: www.secbd.org/
Securities and Exchange Board of India (SEBI) Shri U. K. Sinha - Chairman Plot No.C4-A,'G' Block,Bandra Kurla Complex,Bandra(East), Mumbai 400051 India Phone: (91 22) 264 490 00,
(91 22) 404 590 00
Fax: (91 22) 264 490 16-20
Email: oia@sebi.gov.in
Website: www.sebi.gov.in/
Financial Services Commission of Mauritius Mr. Milan J. N. Meetarbhan
Chief Executive
4th Floor, Harbour Front Building President John Kennedy Street Port-Louis MAURITIUS Phone: (230) 403 7000,
(230) 208 8182
Fax: (230) 467 7172
Email: fscmauritius@intnet.mu
Website: www.fscmauritius.org
Securities Board of Nepal (SEBON) Dr. Surbir Paudyal Chairman Bijay Chowk, Gaushala-9, Kathmandu, Nepal P.O.Box: 9031 Nepal Phone: 977-1-4110322, 4110326 Fax: 977-1-4110334 Email: sebo@ntc.net.np
Website: www.sebonp.com/
Securities and Exchange Commission of Pakistan Mr. Muhammad Ali - Chairman NIC Building 63 - Jinnah Avenue Blue Area, Islamabad-44000 Pakistan Phone: (92 51) 111 117 327
Fax: (92 51) 920 5692
Email: enquiries@secp.gov.pk
Website: www.secp.gov.pk/
Securities and Exchange Commission of Sri Lanka Mr. Mr. Malik Cader - Director General Level 28, East Tower World Trade Center Echelon Square Colombo 1 Sri Lanka Phone: (94 11) 234 5331
Fax: (94 11) 243 9149
Email: malik@sec.gov.lk
Website: www.sec.gov.lk/
Royal Securities Exchange of Bhutan Mr.Daw Tenzin - Managing Director P.O. Box No. 742 Thimphu Bhutan Phone: (975 02) 323 994/95
Fax: (975 02) 323 849
Email: rseb@druknet.bt
Website: www.rsebl.org.bt
The Capital Market Development Authority (CMDA) Ms. Fathimath Shafeega - CEO MTCC Tower 4th Floor, Boduthakurufaanu Magu, Male' , Maldives Phone: (96 0) 333 6619
Fax: (96 0) 333 6624
Email: mail@cmda.gov.mv
Website: www.cmda.gov.mv
Da Afhganistan Bank Dr. Abdul Qadeer Fitrat - Chairman Phone: (93 20) 210 4146
Fax:
Email: info@centralbank.gov.af
Website: www.centralbank.gov.af
SAFE

Mr. Shaukat Aziz, the Prime Minister of Pakistan along with the Regional Securities Regulators at the SASRF MoU Signing Ceremony. Mr. Omar Ayub Khan, Minister of State for Finance, Dr. Tariq Hassan, Ex-Chairman SECP are also present.



Delegates representing Regional Securities Regulators in a meeting with Dr. Tariq Hassan, Ex-Chairman SECP at Islamabad, Pakistan