South Asian Federation of Exchanges (SAFE) is a cooperative platform launched by the bourses in South Asia with the purpose to promote the development and harmonization of the securities markets in the region. SAFE is a not-for-profit association having recognized body status of the SAARC, and is a network exchange association of the World Federation of Exchanges (WFE). SAFE comprises 34 member entities from the SAARC region as well as from Kazakhstan, Mauritius and UAE. SAFE stands to prepare and position its member markets for their orderly integration into the global financial system by enhancing the depth, inter-connectivity, integrity and transparency of its member markets. SAFE provides a forum for mutual communication, exchange of information, cooperation and technological assistances to facilitate the process of mobilization of capital within the region, and to accelerate the common economic growth of South Asia. SAFE makes regular efforts for the spread of financial knowledge/awareness in the region. The Federation also aspires to build the skills and expertise for the effective management of our markets through various regular activities and initiatives both independently as well as with other international entities. The permanent Secretariat of SAFE is located in Islamabad, Pakistan, and works as an independent Secretariat of the Federation.