CMA participates in IOSCO growth and emerging markets committee meeting

April 24, 2014 8:50 am

The Sultanate of Oman represented by the Capital Market Authority participated in the Growth and Emerging Markets Committee Meeting of the International Organization of Securities Commissions (IOSCO) and the accompanying conference and workshops during the period 23-25 April 2014 in Mauritius.

The Sultanate’s delegation is chaired by HE 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 will discuss 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 will also discuss the role the GEM can play in shaping the global regulatory environment.

The GEM public conference will discuss 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 will also take part in the Market Development Workshops which will discuss topics such as demutualization and its impact on exchange regulation and supervision and another topic on improving financial access and capacity through investor/consumer education.

IOSCO comprises most of the regulatory commissions of securities markets and sets out international standards for the performance of regulatory organizations and prepares statistics, research and studies pertaining to the activities of such organizations and implementation mechanisms.