A Delegation from the Union of Arab Securities Authorities visits Jordan Capital Market Institutions
The Jordan Capital Market institutions received a delegation from the Union of Arab Securities Authorities on June 9-11, 2015 as part of the bilateral exchange program organized by the General Secretariat in coordinating with its members in order to strengthen cooperation between them, and to share their experience.
On its turn Jordan capital market shared their experience in the legislative, regulatory and technical fields.
SDC welcomed the delegation in its center and casted fresh light on the legislations and procedures governing the SDC's business and its technical systems. During this visit, the SDC comprehensively focused on its establishment, goals, various tasks of “safekeeping, depositing, transferring of securities, and settlement of securities' value”, and the technical infrastructure of the SDC's electronic systems.
The Union considered as umbrella for Arab Securities Authorities aiming to upgrade the legislative and regulatory level of Arab securities markets with a view to achieving fairness, efficiency and transparency, and to promote the concepts of disclosure, transparency and governance in addition to the application of the best international standards and practices.