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
| Title | Representative | Address | Phone/Fax | Email/Website |
|---|---|---|---|---|
| Securities and Exchange Commission of Bangladesh | Mr. A B Mirza Md/. Azizul Islam Chairman | Jiban Bima Tower 15th and 16th 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: http://www.secbd.org/ |
| Securities and Exchange Board of India (SEBI) | Mr. M. Damodaran Chairman | Mittal Court, B Wing 1st Floor 224, Nariman Point Mumbai 400 021 India | Phone: (91 22) 2202 8221, (91 22) 2285 1596 Fax: (91 22) 2285 5585 |
Email: oia@sebi.gov.in Website: http://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) 210 7000, (230) 208 8182 Fax: (230) 208 7172 |
Email: fscmauritius@intnet.mu Website: http://www.fscmauritius.org |
| Securities Board of Nepal (SEBON) | Mr. Deepak Raj Kafle Chairman | Thapathali, Kathmandu, Nepal P.O.Box: 9031 Nepal | Phone: 977-1-4230409, 4-248381 Fax: 977-1-4246434 | Email: sebo@ntc.net.np Website: http://www.sebonp.com/ |
| Securities and Exchange Commission of Pakistan | Mr. Razi-ur-Rahman Khan Chairman |
NIC Building 63 - Jinnah Avenue Blue Area, Islamabad Pakistan | Phone: (92 51) 920 7091 - 94 Fax: (92 51) 920 5692, (92 51) 920 4915 |
Email: info@secp.gov.pk Website: http://www.secp.gov.pk/ |
| Securities and Exchange Commission of Sri Lanka | Mr. Gamini Wickremasimghe Chairman | Level 11-01, East Tower World Trade Center Echelon Square, Colombo 1 Sri Lanka | Phone: (94 11) 2439 144-8 Fax: (94 11) 2439 149 |
Email: mail@sec.gov.lk Website: http://www.sec.gov.lk/ |
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
