Global securities regulators to meet in Dhaka tomorrow

Star Business Report

A two-day meeting of Asia Pacific Regional Committee (APRC) of the International Organization of Securities Commissions (IOSCO) is going to be held in Dhaka from tomorrow. 

The IOSCO is an association of organisations that regulate the world's securities and futures markets and members of it are typically primary securities or the main financial regulators of the respective member countries. At present, it has 233 members.

Prof Shibli Rubayat Ul Islam, vice-chairman of the IOSCO, will inaugurate the meeting whereas Shigeru Ariizumi, chairman of the IOSCO, will be present on the concluding day.

On the first day, supervisory and enforcement directors will hold closed door meetings, informed the Bangladesh Securities and Exchange Commission (BSEC) through a press conference on its premises yesterday.

Representatives from various countries will discuss regulatory technology, online monitoring of stock brokers, controlling manipulation and insider trading, and way of effective supervision of the market.

The top officials of the regulators will share their experiences that will help all to gather information.