(MENAFN - Muscat Daily) The sultanate represented by the Capital Market Authority participated in the Growth and Emerging Markets (GEM) Committee Meeting of the International Organization of Securities Commissions (IOSCO) and the accompanying conference and workshops from April 23-25 in Mauritius.
The sultanate's delegation was chaired by H E Sheikh Abdullah Salim al Salmi, executive president of the Capital Market Authority and comprises Mohammed Said al Abri, acting director general of Capital Market Institutions and Sara Salim al Ghatami, specialist, Department of International Cooperation of CMA.
The meeting discussed methods of cooperation among the member commissions as well as emerging risks and how to build resilience and soundness against shocks and crisis. The meeting also discussed the role the GEM can play in shaping the globalregulatory environment.
The GEM public conference discussed the long term financing through capital markets, strategy, key issues and challenge faced by issuers and investors in relation to long term financing and how can capital markets generate greater interest in long term capital formation.
The delegation also took part in the Market Development Workshops which discussed topics such as demutualisation and its impact on exchange regulation and supervision and another topic on improving financial access and capacity through investor or consumer education. IOSCO comprises most of the regulatory commissions of securities markets and sets out international standards for the performance of regulatory organisations and prepares statistics, research and studies pertaining to the activities of such organisations and implementation mechanisms.