CSDI BOD Chairman, Mr. Hossein Fahimi, participated in a high-profile panel discussion on ‘Servicing New Asset Types’ on the final day of 2017 WFC Conference on Friday November 13th in Hong Kong.
At the symposium, the participants came together to learn about each other’s work, to connect with each and others and to welcome new initiatives and ideas on the issue. There, the CSDI Chairman had the opportunity to share the latest achievements of the Iranian Capital Market in this regard and illustrated the role the CSDI plays in providing the essential infrastructure required for such assets both in pre and post trade processes.
The panel also saw the CSDI official elaborating on new initiatives taken by players of Iran Capital Market in regards with new asset types particularly out of network assets including housing mortgage pre-emptive right, commodity-based depository receipt, oil standard parallel Salam, power parallel Salam, gold Exchange-Traded Funds (ETF) as well as the smart idea of securitisation of Intellectual Property assets, all of which were widely received by the attendees, so much so that there were requests for further opportunity to have the CSDI transfer its experiences in this regard.
The WFC was launched in 2011 to provide a forum for regional CSD associations to exchange information, discuss issues of common interest and increase their influence and engagement on cross-regional and global developments.The World Forum of CSDs (WFC) is composed of the five regional CSD associations of Asia-Pacific, the Americas, Eurasia, Africa and the Middle East and Europe. The WFC conference is held every two years and provides an information and networking platform for the central securities depositories worldwide.
This year the WFC was co-hosted by four CSDs from Asia-Pacific CSD Group (ACG) composite of CDC Pakistan, CSDC China, HKEX and NSDL. The event was held in Hong Kong during the period of 14-17 November 2017.
Release Date: 12/6/2017