South Asia: Exchanges to discuss integration
steps needed for integrating the region via a progressive programme of harmonisation of national regulatory standards
LAHORE:
In order to move forward on the path of regional financial integration, the executive committee of the South Asian Federation of Exchanges (SAFE) is holding a meeting in Kathmandu, Nepal from today (Wednesday). It will hold deliberations with the Saarc Secretariat on the steps needed for economically integrating the region via a progressive programme of harmonisation of national regulatory standards. According to SAFE Secretary General, Aftab Ahmad Chaudhry, the meeting will discuss ways and means of liberalising cross-border frameworks related to investment advice, broking, dealing and management of portfolio investment functions. He said one of the most significant initiatives to be discussed in the meeting would be to liberalise access to regional exchange memberships for all South Asian brokerage firms.
Published in The Express Tribune, July 6th, 2011.
In order to move forward on the path of regional financial integration, the executive committee of the South Asian Federation of Exchanges (SAFE) is holding a meeting in Kathmandu, Nepal from today (Wednesday). It will hold deliberations with the Saarc Secretariat on the steps needed for economically integrating the region via a progressive programme of harmonisation of national regulatory standards. According to SAFE Secretary General, Aftab Ahmad Chaudhry, the meeting will discuss ways and means of liberalising cross-border frameworks related to investment advice, broking, dealing and management of portfolio investment functions. He said one of the most significant initiatives to be discussed in the meeting would be to liberalise access to regional exchange memberships for all South Asian brokerage firms.
Published in The Express Tribune, July 6th, 2011.