Islamabad, Dec 03: The two-day conference of the South Asian Federation of Exchanges of SAARC began in Pakistan city of Lahore today. The conference being hosted by Lahore Stock Exchange was attended by stock exchanges officials from India, Pakistan, Bangladesh, Bhutan, Mauritius, Nepal and Sri Lanka.

Safe officials said the conference would review a report financed by the European Union on listing regulations in South Asia, prepared by the Secretary General SAFE Wali-Ul-Maaroof Mateen.

The SAFE meeting earlier scheduled for April 17-18 last, was postponed due to the outbreak of Severe Acute Respiratory Syndrome (SARS) in Southeast Asia.

SAFE, formed in January 2000, comprises bourses from the seven member countries and the Chittagong Stock Exchange of Bangladesh acts as the SAFE secretariat. Main member bourses include Karachi Stock Exchange, Lahore Stock Exchange, Islamabad Stock Exchange, Mumbai Stock Exchange (BSE), Madras Stock Exchange, Calcutta Stock Exchange, Delhi Stock Exchange, Pune Stock Exchange, OTCE of India, NSE of India, Ludhiana Stock Exchange.
Royal Stock Exchange of Bhutan, Dhaka Stock Exchange, Chittagong Stock Exchange, Colombo Stock Exchange, Mauritius Stock Exchange and Nepal Stock Exchange are also its members.
The Annual General Meeting (AGM) of the exchanges body would be held tomorrow. The general body meeting would be followed by a regulators forum to be attended by officials from Securities Exchange Commission of Pakistan (SECP), Securities and Exchange Board of India (SEBI) and Securities Regulators from other South Asian countries. Bureau Report