QFMA CEO meets officials of IOSCO member securities regulators

Chief executive officer of Qatar Financial Markets Authority (QFMA) Dr Tamy bin Ahmad al-Binali met in Athens on Monday with a number of CEOs and officials of securities regulators participating in the 49th International Organisation of Securities Commissions (IOSCO) Annual Meeting, which kicked off on Sunday in the Greek capital.

QFMA CEO met with Nurkhat Kushimov, chief executive officer of Astana Financial Services Authority of Kazakhstan (AFSA); K Rajaraman, chairperson of the International Financial Services Centres Authority of India (IFSCA); and Peter M Werner, Senior Counsel based at ISDAs (International Swaps and Derivatives Association office in London.

Dr Tamy bin Ahmad al-Binali discussed with Nurkhat Kochemov, K Rajaraman, Peter M Werner, co-operation relations, and ways to enhance the attractiveness of capital markets for local and foreign investments, facilitate their transaction procedures, in addition to enhancing the protection of the rights of investors and dealers in such markets.

The exchange of views, expertise and experiences was also discussed in a way that leads to best practices related to securities, and enhancing commitment to transparency, stability and financial sustainability, where the importance of continuous work was stressed in order to develop capital markets, and to establish a safe and stable investment environment that motivates investors, protects their transactions and provides them with the best financial services available, which would contribute to enhancing and consolidating confidence in the capital markets and building on what has been achieved in this field during the past years in the IOSCO members.

For their part, the officials of these international bodies expressed their aspiration to enhance joint cooperation with QFMA, whether bilaterally or through joint committees in international bodies, organizations and institutions working in the field of supervision and regulation of capital markets, or in financial sector in general, while Dr Tamy bin Ahmad al-Binali welcomed the strengthening of joint cooperation between QFMA and these entities, for the benefit of all parties, and to improve the performance of the financial markets and the financial sector in general, and contribute to consolidating their development and growth, and to strengthening the commitment to transparency, stability and financial sustainability.