Regional Financial Integration - South Asian Federation of Exchanges

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Regional Financial Integration - South Asian Federation of Exchanges
Regional Financial Integration
Developing a Harmonized Regulatory Framework
for the Capital Markets in Pakistan & South Asia
Event Report
of 4th Press Briefing held on
21stMarch, 2013
Prepared by South Asian Federation of Exchanges
3/27/2013
Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
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TABLE OF CONTENTS
Preface ...........................................................................................................................................................................2
Press Briefing .................................................................................................................................................................2
Event images..................................................................................................................................................................3
News Clippings...............................................................................................................................................................5
Marketing Material ......................................................................................................................................................22
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
PREFACE
Increased cross border financial activities, trade and economic exchanges are known to create strong intraregional
links and an integrated economic region. While in South Asia, efforts have been made to promote intraregional
trade, however the intraregional financial integration appears to lag behind due to asymmetric developments in
the economic and financial sectors. It is in this context that SAFE applied for USAID's Small Grants and
Ambassador's Fund Program (SGAFP) in 2011, to develop standardized market regulations so as to create the
necessary environment for an enhanced regional financial integration and achieve convergence across different
markets of the Region.
Project Objectives:
The concept for this project has been developed under the specific needs identified by the South Asian Association
for Regional Cooperation (SAARC) Secretariat of facilitating regional financial integration. The objectives of the
project are
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To develop harmonized market regulations for the capital markets;
To standardize self-regulatory framework for the management and the operations of the markets in the
region;
To enhance market integrity and investor confidence;
To improve the governance and transparency norms for the listed sector;
To facilitate easy capital raising on regional basis and the promotion of cross border listings;
To deepen and broaden the region’s securities markets;
To assist in, relatively, free movement of capital and portfolio investments;
And to promote the greater integration of the South Asian capital and financial markets.
PRESS BRIEFING
SAFE held its fourth press briefing of its USAID Small Grants Program funded project on developing a regionally
st
harmonized regulatory framework, on Thursday 21 March, 2013, at LSE auditorium, Lahore Stock Exchange,
Lahore Pakistan. The briefing got good quality coverage from prominent media players whereas it was also
attended by mainstream print media of Pakistan such as, Business Recorder, Daily Times, The Business and Daily
Ausaf etc. The news clippings have been shared with SGAFP team with this communiqué.
Mr. Aftab Ahmad Ch., SG SAFE and MD Lahore Stock Exchange (LSE) said that 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 and there is a need to increase cross boarder financial activities within the South
Asian region to create strong intraregional links and an integrated economic region. 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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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
EVENT IMAGES
L-R: Mr. Amir Raza Khan, SAFE’s consultant and Mr. Aftab Ahmad Ch., SG SAFE during the press briefing
Media personnel present at the press briefing
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Media at the press briefing
Media at the press briefing
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
NEWS CLIPPINGS
Business Recorder
Dated Friday, 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily times
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
The Business
Dated Friday,22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily The Pak Banker
Dated Friday, 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Ausaf
Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Jinnah
Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Khabrain
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Azkaar
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Inqilab
Dated Friday, 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Dunya
Dated Saturday, 22nd March, 2013
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Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily C 42
Friday22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Mubaseer
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily NaiBaat
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Sarzameen
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daily Express
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Daliy Gulf News
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
The Daily Pakistan
Dated Friday 22nd March, 2013
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
MARKETING MATERIAL
Invitation
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Pamphlet
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
File Cover
Banner
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Regional Financial Integration
Developing a Harmonized Regulatory Framework for the Capital Markets in Pakistan & South Asia
Standee
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