Within the framework of its Stock Exchanges Capacity Building Programme (SE-CaB) and in line with the relevant resolution of the 37^th Ministerial Session of the COMCEC, SESRIC, in collaboration with Borsa Istanbul, the Secretariat of the OIC Exchanges Forum, organised a Training Course on “Capital Market Operations” on 11-12 May 2022 through an online video conferencing platform.

The training course was provided by competent experts from the relevant departments and subsidiaries of Borsa Istanbul for the benefit of 98 participants from the Stock Exchanges and relevant Ministries of 20 OIC Member States and participants from 4 OIC and International Institutions namely; AAOIFI, IIFM, IsDB Group, and S&P Global.

The main objective of the training course was to strengthen the participants’ technical capacities on different aspects of capital market operations, including equity market operations, debt securities market operations, audit and surveillance, listing, and post-trade operations, among other technical subjects.

The training course commenced with the opening remarks of H.E. Mr. Nebil DABUR, Director General of SESRIC, who highlighted the importance of knowledge and experience exchange among the Stock Exchanges in the OIC Member States towards improving their technical performance and increasing their capacities. Furthermore, Mr. DABUR emphasised the role of capital markets as powerful drivers of economic growth and wealth creation and urged the participating member countries to enhance intra-OIC cooperation in order to contribute further to the sustainable growth of their economies.

In his welcoming remarks, H.E. Dr. Korkmaz ERGUN, Chief Executive Officer and Board Member of Borsa Istanbul, briefed the participants on the goal of the OIC Exchanges Forum (OICEF) in enhancing cooperation among the stock exchanges of the OIC Member States. “As the Secretariat, we have always tried to provide and share our know-how and experiences through the Forum”, he added. Dr. ERGUN also underlined the great economic potential of the OIC Member States as a group and how they can achieve even more if they improve their capital markets to better serve their economies and strengthen linkages among them.

The Stock Exchanges Capacity Building Programme (SE-CaB) was developed and initiated by SESRIC in 2011. The Programme aims at supporting and contributing to the efforts of the OIC Member States towards strengthening their institutional and human capacities by sharing knowledge, experiences and best practices among the Stock Exchanges and relevant Ministries. Within the framework of this Programme, the Centre organises capacity-building activities by following various modalities such as training courses, training workshops, and study visits. For more information on the Stock Exchanges Capacity Building Programme (SE-CaB), please visit: https://www.sesric.org/cbp-stock-exchange.php

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