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Asian Securities and Investments Federation (ASIF)

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Asian Securities and Investments Federation (ASIF)

History:

In November 1979, representatives from Australia, Hong Kong, Japan, Korea and an observer from Chinese Taipei met in Hong Kong and resolved to establish the Asian Securities Analysts Council (ASAC) as an international co-operative organisation for securities analysts in Asia and Oceania.

Reflecting the rapid growth of securities markets in Asia and Oceania since the ASAC’s establishment in 1979 with four Full members (societies from Australia, Hong Kong, Japan and Korea), seven other organisations subsequently joined, namely societies from Chinese Taipei, Indonesia, India, Malaysia, New Zealand, Singapore and Thailand.

At the 17th Annual General Meeting of the ASAC in Auckland, New Zealand, in October 1995, the eleven member societies of ASAC formally agreed to transform the organisation into Asian Securities Analysts Federation Incorporated (ASAF).

At the Annual General Meeting of the Federation held on 30 November 1996, the Association of Securities Analysts of the Philippines was admitted as the twelfth member.

At a Special General Meeting of ASAF on 26 January 2001, the Securities Analysts Association of China was admitted as ASAF’s thirteenth member.

At the Annual General Meeting held on 27 October 2002, Investment Industry Development Association of Iran was admitted as ASAF’s fourteenth member.

At the Annual General Meeting held on Saturday 25 October in Bangkok, Thailand, amendments to the Constitution and change of name from Asian Securities Analysts Federation (ASAF) to Asian Securities and Investments Federation (ASIF) were unanimously approved so that the Federation can broaden its activities and membership base in Asia and Oceania. The new name and amended Constitution were lodged with the Commissioner of Fair Trading of the State of New South Wales, Australia. The new name was approved 27 November, and subsequently the new Constitution was approved on 22 December 2008.
The amended Constitution allows the Federation to have more than one full member society from a country/region, and we thus hope to welcome full members from the broader financial community in Asia and Oceania. There is also a new clause enabling the appointment of advisors from among regulators, self-regulatory organizations, and exchanges in the region.

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