BHB, Bahrain Clear participate in HSBC MENA Markets & Securities Services Forum 2023

Dubai, March 12 (BNA): Bahrain Bourse (BHB), a self-regulated multi-asset market, and Bahrain Clear successfully participated in the HSBC MENA Markets and Securities Services Forum 2023, which took place here from March 8-9. .

The delegation included representatives of the Central Bank of Bahrain, the Bahrain Bourse, and the Bahrain Clearing Company. This comes as part of its endeavor to increase the attraction of international investments and strengthen ties with international fund and asset managers, to present key regulatory and market developments and measures to regional and international investors.

The two-day conference connected attendees to the global custodial network and investors, and served as a platform to drive the securities services regional digital presence. On the sidelines of the forum, the Bahrain Bourse delegation met with representatives of prominent international fund and asset managers interested in gaining insights into the capital markets in Bahrain, highlighting the major regulatory and market developments currently underway, in addition to the opportunities offered by its listed companies, with the aim of developing institutional partnerships in line with With the Kingdom’s economic vision 2030.

u. Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, commented: “The HSBC MENA Markets and Securities Services Forum 2023 provided an excellent platform for professionals and entities from across the MENA region and beyond, as well as regulators and stakeholders, to discuss salient issues related to foreign investment. and the crucial issues related to securities services.This has undoubtedly enhanced the position of the market and allowed it to contribute to the economic progress of Bahrain through international quality standards.

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“Bahrain Bourse is dedicated to making every opportunity and challenge worthwhile. Participating in such efforts in collaboration with HSBC over the years is part of our ongoing commitment to establishing and supporting a robust and efficient financial market that focuses on liquidity and transparency.” Khalifa added.

Abeer Al Saad, Director of the Capital Markets Supervision Department at the Central Bank of Bahrain, highlighted, “The HSBC MENA Markets and Securities Services Forum 2023 provided an invaluable platform allowing the region’s markets and regulators alike to showcase key regulatory developments and discuss prevailing capital market matters. Development: The Central Bank of Bahrain is pleased to participate in this year’s event, as it works to build on multiple aspects of the Kingdom’s financial sector development strategy and specifically the ambition to enhance and transform the Kingdom’s capital markets by creating the necessary dialogue with market participants and various investors. Institutionalists to gain insights about future market development.”

The Forum received keynote speakers from the Central Bank of Bahrain, HSBC, Abu Dhabi Securities Exchange (ADX), Nasdaq Dubai, Securities Depository Center Company (EDAA), Dubai Central Clearing Holding LLC, and others to discuss key topics such as securities in Region. The borrowing and lending landscape, initial public offerings, evolving geopolitical developments and their impact on financial services in 2023, tokenization, and much more.

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