Bahrain Bourse participates in WFE meeting

Manama, Oct. 3 (BNA): Bahrain Bourse participated in the World Federation of Exchanges’ (WFE) 58th General Assembly & Annual Meeting held on October 2-4. The event, hosted by Athens Stock Exchange (ATHEX), was attended by more than 300 delegates representing approximately 200 exchanges, Clearing, Settlement and Central Depositories, and International Securities Regulators. "Bahrain Bourse’s participation in the WFE 58th General Assembly & Annual Meeting Conference goes a long way in solidifying Bahrain Bourse’s market positioning within the capital markets sector on a global landscape and ensures active collaboration with standard-setters, policy markets, and capital market regulators to achieve the long-term strategic objectives related to the capital markets development in Bahrain," CEO of Bahrain Bourse, Shaikh Khalifa bin Ibrahim Al-Khalifa said. Key themes discussed included: enhancing the efficiency of markets-based financing, the centrality of markets in ensuring accountability and transparency, the overarching contribution of markets to sustainable development, and the importance of market infrastructures in corporate governance. The General Assembly & Annual Meeting Conference was concluded by election of Dr. Urs Rüegsegger, Chairman of SIX Swiss Exchange as Chairman of the WFE for a two years term. It is worth to mention that Bahrain Bourse has attained full Membership in the WFE in October 2014 after meeting all the membership criteria of the WFE.