14 Oct 2010
(MENAFN) The UAE’s Securities and Commodities Authority, or SCA, has signed a Memorandum of Understanding (MoU) with the Capital Markets Board of Turkey (CMB) that would lay the foundation for joint listing in the future and greater cooperation between the two corporate regulators and stock exchanges, Gulf News reported.
The MoU, which is a comprehensive document, covers enforcement of rules and regulations, and matters relating to stock market operations including transactions and settlements of deals.
In order to build a framework for sound regulatory work in the securities industry, the CMB, upon the SCA�s request, shall provide training and technical assistance or vice versa.
Commenting on the development, Al-Turifi said, the SCA seeks to achieve cooperation in the areas of training, sharing of experience and information related to supervision of securities markets and their listed companies and brokers.
He pointed out that the agreement aims at providing better protection for investors and ensuring more efficient securities markets by putting in place a sound framework which will promote joint cooperation.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more