Jordan Securities Commission is discussing with its Sudanese counterpart ways to enhance cooperation and training in the areas of disclosure, control and regulation

10-Oct-2022

From 9-13 of this month, the Jordan Securities Commission will host a delegation from the Capital Markets Regulatory Authority in the sisterly Republic of Sudan, who is conducting an official visit to the Authority, to exchange technical and technical expertise in the areas of capital market control, corporate governance, disclosure and transparency with the Authority. Securities, which is now viewed as a house of expertise and a regional center for training and knowledge transfer in the region. The visit also comes as part of the Authority's efforts to strengthen cooperation and international relations with counterparts and sister organizations.
On behalf of the Chairman of the Authority’s Board of Commissioners, a member of the Board of Commissioners, Firas Al-Adwan, discussed, during his welcome and reception of the guest delegation, this morning, in the presence of the directors of the technical departments and directorates, ways of documenting and enhancing cooperation and coordination in various areas related to securities, especially methods of regulating dealing in foreign exchanges and Islamic instruments. , licensing, in addition to issuance, inspection, and combating money laundering and terrorist financing.
Al-Adwan presented a general idea about the authority, its establishment, strategic objectives, tasks, powers and role, and the formation or composition of the Board of Commissioners that manages the authority in accordance with the Securities Law, briefly referring to the most important legal and legislative texts that have been updated to enhance the protection of investors and the investment environment in the capital market from the risks that may be exposed. to her.
He affirmed the Authority's keenness and full readiness to provide the required support for regulating the capital market in the sisterly Republic of Sudan to serve its endeavors and vision to develop the financial market, explaining the importance of exchanging experiences with the members of the delegation to serve the interest of the capital market in the two brotherly countries.
The visit aims to get acquainted with the experience of the authority in licensing, inspection and control of the entities subject to it, in addition to standing on the experience of the authority in disclosure, transparency, governance and the systems used in the field of control and compliance with the entities subject to it.