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IOSCO to hold first-ever conference in Dhaka

Staff Correspondent
20 Feb 2023 17:06:15 | Update: 20 Feb 2023 17:32:09
IOSCO to hold first-ever conference in Dhaka

A two-day conference of the Asia Pacific Regional Committee (APRC) of the International Organization of Securities Commissions (IOSCO) will be held for the first time in Dhaka, to discuss investment behaviour and security challenges.

The conference, to be held at a hotel in Dhaka from February 22 to February 23, will comprise two meetings, read a press release.

Both meetings will be chaired by Bangladesh Securities and Exchange Commission (BSEC) Chairman and IOSCO APRC Vice Chair Professor Shibli Rubaiyat-ul-Islam.

On February 22, the meeting with the supervisory director will take place from 9:30am to 12pm, while the meeting with the enforcement director will take place from 1:30pm to 4pm.

The second day’s programme will be inaugurated by APRC chair Shigeru Ariizumi. The conference will conclude with the APRC plenary meeting scheduled to be held that day.

Delegates from Bangladesh, India, Hong Kong, and Singapore will attend the Asia-Pacific Regional Committee (APRC) meeting to discuss various aspects of investment education and behaviour.

This meeting will cover topics such as regulatory technology, the supervision of online brokerage and advisory service providers, the use of third-party services in regulated institutions, and the impact of board quality on investor decisions.

The delegates will also discuss the various security challenges facing the stock market, including the detection of fraud and insider trading, market manipulation through sophisticated syndicates, and the impact of fake accounts on the market.

This meeting is aimed to find solutions to these issues and ensure a secure investment environment for all.

The conference will be attended by senior officials from the capital market regulatory agencies of several countries in the Asia Pacific region, including Australia, New Zealand, Singapore, Hong Kong, Japan, India, Malaysia, Thailand, Vietnam, Indonesia, Pakistan, and Nepal.

Representatives from the IOSCO Secretariat in Spain will also be present at the meeting.

This event marks a significant milestone for the region, as it is the first time that the APRC of IOSCO has convened for a conference in Bangladesh.

The conference presents an opportunity for regulatory bodies to engage in meaningful discussions on key issues impacting capital markets and explore potential solutions for the benefit of the region.

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