The 77th Working Committee of the Federation of Euro-Asian Stock Exchanges (FEAS) concluded its meetings which were held in Muscat, Oman on March 1, 2018.
The FEAS Vice Chairman, Mr. Ahmed Saleh Al-Marhoon, who hosted the event on behalf of Muscat Securities Markets, in his opening speech, confirmed the important role of the Federation of Euro-Asian Stock Exchanges (FEAS) for fostering cooperation between members - the MSM's role in particular as the chair to this year’s Working Committee. Mr. Al-Marhoon, meanwhile, stressed on the importance of cooperation in the field of securities and openness in policies which would encourage foreign investments that ultimately foster economic growth.
In an address to the same gathering, President and CEO of Central Securities Depository of Iran, Mr. Hossein Fahimi, briefed the session on an overview of the economic situation in Iran. He reiterated that Iran’s Capital Market has witnessed a quantum leap in field of legislative and technical developments, fostering the electronic infrastructure.
Through the sessions of the working Committee, many important issues were discussed namely as the draft agenda of the Federation for 2018, the reports submitted by the Affiliate Member, Media, Research & Development, Rules and Regulations and Indexes task forces. They also discussed the revenues and expenses survey and the bilateral exchange visit program between the federation members, as well as the publications issued by the FEAS special internal reports for members.
As part of the program, CSDI Senior Expert, Mr. Siavash Azimi, presented an introduction about the company and its activities with a focus on IT solutions across a wide range of securities and post-trade services.
It is worth mentioning that FEAS was established in 1995 as regional organization aimed to fostering relations and increasing cooperation between European and Asian Stock Exchanges. The Federation comprised of 45 members representing Stock Exchanges, Depository Centers, and dealers associations in 29 countries in Europe and Asia.
Release Date: 3/12/2018