FEAS Yearbook FEAS Yearbook 2010 | Page 20

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2010 FEDERATION OF EURO-ASIAN STOCK EXCHANGES Elvira Maria Schamann Secretary General FIAB The Ibero-American Federation of Exchanges- FIAB joins with joy the 15° Anniversary of FEAS, and congratulates all FEAS directors, management and staff for the success they reached in such a short time. We have seen FEAS’ constant growth since its first years, in order to become today a regional organization that clearly fulfils its objectives, reaching 29 countries, and which represents, in the international arena, exchanges and securities institutions from such an important geographic, economic and cultural area. The mission that regional Federations have within their own geographic zones towards their members, extends internationally in many diverse fields –standardization of statistics methodology, standardization of market best practices, corporate governance, etc- and the cooperation among them, as well as with the World Federation of Exchanges, has become extremely relevant. PAGE 16 In this sense, FIAB and FEAS have set a tradition of cooperation since long time ago. Not only the exchange of information –statistics and news- has been regular through the internet, but also the Secretaries General of both organizations have had the opportunity to attend several meetings organized by their Federations, as well as by the WFE, and update personally their Federation’s work in progress. Worth mentioning this last year was the participation of FEAS Secretary General, Mr. Aril Seren, in the FIAB Annual Meeting held in Lima, jointly with the WFE Emerging Markets Conference. Mr Seren joined as panelist for the session “Developing markets experience in the crisis environment; a focus on post-crisis projects and markets growth” and presented a very comprehensive and interesting report on FEAS members reaction to the crisis and their prospects. With special emphasis, post crisis opportunities and challenges for emerging securities markets will certainly be reflected in the Federations agendas and strategic priorities. That is why we hope that the cooperation among FIAB and FEAS will go on, even with more weight, in the future. Finally, we wish FEAS success continuing, both regionally and internationally, in the years to come and, once more, we extend to the sister Federation our congratulations for the excellent work done all along this first 15th FEAS Anniversary.