The Tribune

The Bahamas International Securities Exchange's (BISX) chief executive attended the International Organisation of Securities Commissions (IOSCO) conference from May 15-18.

Keith Davies was accompanied by BISX director, David Ewasiuk, to the leading international policy forum for securities regulators.

IOSCO is recognised as the global standard-setter for securities regulation. It is made up of more than 100 securities regulators and self-regulating organisations (SROs), and its its 2017 annual conference was held in Montego Bay, Jamaica, under the theme 'Building Securities Market Resilience in the Post-Crisis World'.

More than 400 regulators, industry representatives and other financial market participants from around the world attended. Ashley Alder, chair of the IOSCO Board, said the conference was designed to "address the key challenges facing securities markets--including the risks around cyber security, changing market structure, and financial technology - while also preparing markets to play a bigger role in financing the global economy".

Mr Davies said of the conference: "One of the themes of BISX is confidence, and confidence has its roots in open and transparent regulation.

"It was a wonderful opportunity to attend the IOSCO Annual Conference and speak with my regulatory colleagues about our common role of market regulation.

"The regulatory and information sessions allowed me an opportunity to dialogue with international regulators on issues as diverse as crowdfunding, timely disclosure and trading principles.

"Events such as this benefit all attendees, as they have an opportunity to learn from fellow professionals - both through the information sessions and through the conversations outside of the formal sessions."

This was the first time the IOSCO conference was held in the English-speaking Caribbean, and Mr Davies added: "I would like to thank the Financial Services Commission of Jamaica for hosting all attendees.

"I also want to thank the Securities Commission of the Bahamas for sponsoring an event during the conference.

"I intend to continue to follow up with my colleagues on many issues discussed at the conference to continue to foster confidence in the Bahamian capital markets through regulation."