Central Securities Depository of Iran (CSDI) played host to a joint workshop on German Financial market, held by Iran’s SEO and its counterpart institution from Germany – BaFin.
Representatives from different areas of the Iranian capital market, financial industry and entrepreneurs participated in the two-day event where the two sides shared their views, experience and knowhow.
In an address to the participants prior to the session, CSDI CEO and President, Dr. MohammadReza Mohseni, expressed hope that the cooperation agreement inked between SEO of Iran and Germany’s BaFin would open new frontiers before the two to have closer oversight and elevate potential growth. Elsewhere in his remarks, the Chief Executive Officer said CSDI welcomes initiating constructive relations with international institutions, particularly those from Europe.
Following his remarks, BaFin Senior Policy Officer, Dr. Johannes Engels, Bundesbank Director of Technical Central Bank Cooperation, Dr. Martin Pontzen and Expert in BaFin International Policy, Financial Stability and Regulation, Mr. Jochen Robert Elsen delivered presentations covering issues including those on BaFin’s supervisory tasks, cooperation between Bundesbank and BaFin in the European and the worldwide supervisory level, market transparency, trade surveillance and IT systems among others.
BaFin is the regulatory and supervisory authority of German financial market while Budesbank is mainly a banking supervisory authority.
Securities Organization of Iran (SEO) and Germany’s BaFin signed a Memorandum of Understanding in September 2016, under which the two sides vowed to expand areas of cooperation in the pertinent areas in the form of workshops, video-conferences, etc.
Release Date: 2/21/2017