Securities regulators conference opens on Sunday in Montego
Minister of Finance and the Public Service Audley Shaw will declare the Public Conference.
The 42nd Annual Conference of the International Organization of Securities Commissions (IOSCO) is set to start on Sunday at the Montego Bay Conference Centre.
The conference, which ends on Thursday - will feature a private session between Sunday and Tuesday, and will become open to the public on Wednesday and Thursday.
David Geddes, Communication & International Relations Manager at the Financial Services Commission said: “The Financial Services Commission has been in dialogue with our regional counterparts which have all signalled their support for the IOSCO conference being held in Jamaica, in fact the Securities Commission of the Bahamas has joined the growing list of sponsors.”
Minister of Finance and the Public Service Audley Shaw will declare the Public Conference open on May 17th, as well as Michael Lee-Chin Chairman of Portland Holdings and the NCB Group will be the featured guest speaker at the Grand Gala Dinner at the Hyatt Ziva beginning at 7pm.
The theme for the five-day event will be “The Role of Markets and Markets Regulators in the Post- Crisis World” and will feature participation from International delegates, including financial regulators, academics, lawyers and industry specialist who will join their local and regional counterparts making it is one of the most important Financial Conferences in the world.
It is expected that close 500 local and international participants will benefit from the panel discussions, presentations, meetings and networking that is scheduled to take place.
IOSCO, established in 1983, is the international body that brings together the world´s securities regulators regulating 95% of the world’s securities market in more than 115 jurisdictions, including major emerging markets and is recognized as the global standard setter for the securities sector.
IOSCO develops, implements, and promotes adherence to internationally recognized standards for securities regulation. They aim to protect investors while ensuring that markets are fair, efficient and transparent with reduced systemic risk.
The holding of an IOSCO international conference in Jamaica is a unique opportunity and sends a signal to the international financial community that Jamaica is fully committed to the global standards established and has signed the requisite memoranda on international cooperation, according to the event organisers.