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. 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

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