The Qatar Financial Centre Regulatory Authority (QFCRA) has participated in the 47th International Organisation of Securities Commission (IOSCO) annual meeting, which took place recently in Marrakech, Morocco under the auspices of the Moroccan Capital Market Authority (AMMC).
The main themes of this year’s meeting were the development of sustainable finance and risks and regulatory considerations for financial innovation.
The QFCRA participated in the meetings of Africa/Middle East Regional Committee (AMERC), which is one of four regional committees constituted by IOSCO to focus on regional issues relating to securities regulation in the African/Middle East region.
The QFCRA also participated in Growth and Emerging Markets Committee (GEMC), which seeks to promote the development and greater efficiency of emerging securities markets by establishing principles and minimum standards, providing training programmes and technical assistance for members and facilitating the exchange of information and transfer of technology and expertise.
It also took part in Multilateral Memorandum of Understanding Monitoring Group (MMoU MG), which discussed matters relating to international co-operation and information exchange under the IOSCO Multilateral Memorandum of Understanding (MMoU).
In addition to the three committee meetings, the QFCRA attended the President’s Committee, which is composed of all the presidents (chairs) of ordinary and associate IOSCO members and discusses the work and high-level themes concerning securities regulators.
“The QFCRA was pleased to participate in the IOSCO annual meeting and benefit from a valuable exchange of knowledge alongside other regulators. Our longstanding relationship with IOSCO and active participation in committee meetings is a testament to our commitment to enhance the financial services sector in Qatar and keeping abreast of the latest international developments” said Farah Abdulrahman al-Muftah, managing director of Policy, Legal and Enforcement, QFCRA.
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