QFMA Participates In IOSCO Annual Meeting 2023


(MENAFN- The Peninsula) The Peninsula

Doha, Qatar: Yesterday, the 48th annual meeting of the International Organization of Securities Commissions (IOSCO) opened in the Thai capital, Bangkok. The meeting will be held for three days until next Thursday.

Qatar financial Markets Authority (QFMA) participates in the meeting represented by an official delegation headed by Chief Executive Officer, Tamy bin Ahmad Al Binali. The IOSCO Annual Meeting 2023 is being held under the theme“Envisioning the next horizon: A way toward connected future of capital markets”.

The meeting brings together leaders of international organisations and sectors involved in capital markets and the financial industry, where they will engage in a series of lengthy meetings and discussions to discuss the future of capital markets in the IOSCO members.

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This year meeting is of great importance due to it is the second in-person meeting to be held by IOSCO after Corona pandemic, following the first one hosted by Marrakesh/Morocco last October, as the participants seek to enhance coordination and cooperation among themselves on issues of common interest, especially those that represent a top priority for the members' financial markets.

The key issues and topics will be discussed by participants and representatives of the financial markets' regulators are the challenges they face, especially during the post-Corona phase, and the mechanisms of control to reduce their risks to investors.

They will also discuss the IOSCO's upcoming projects and topics in light of the priorities set by the Board of Directors of the organisation, in addition to the global economic developments and changes and their impacts on the financial markets in the member, as well as the latest developments related to financial services technologies provided by the financial markets regulators to the financial institutions and companies subject to their jurisdiction.

The panels also deal with ways to enhance joint international cooperation and coordination among the members, regarding the exchange of information among all financial markets' regulators, and its impact on the implementation of relevant legislation and regulations.

The participants will also confirm their concern in the need to facilitate the process of providing data and information related to financial markets, and to enhance the protection of investors and dealers in such markets in a way that benefits their investments and the investment environment in general.

QFMA has been an involved member of IOSCO since 2013. It also joined several key committees of the organisation, namely Presidents Committee, Growth and Emerging Markets Committee (GEMC), Africa and Middle East Regional Committee (AMERC), and MMoU Monitoring Group.

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