The Sultanate Participates in 16th Meeting of GCC Securities Commissions Presidents’ Committee
The Sultanate of Oman represented by the Capital Market Authority participated in the 16th meeting of the Committee of the Presidents of GCC securities commissions on Thursday 27, April 2017 in Manama, Kingdom of Bahrain.
The Sultanate’s delegation was chaired by HE Sheikh Abdullah Salim Al Salmi, Executive President of CMA and membership of Ahmed Sahel Al Marhoon, Director General of Muscat Securities Market and Ahmed Ali Al Makhaini, Expert at the Officer of the Executive President.
The meeting discussed the key issues and development in the region and reviewed the minutes of the work teams and their recommendations including review of the memorandum of the Secretariat General on the first and second meetings of the Supervisory Committee of the Strategic Study for the Integration of Stock Markets in the GCC as well as discussion of the minutes of the thirteenth meeting of the Supervision and Regulation Work Team and the recommendations of the team on the GCC regulatory commissions’ policy on the SMART system.
A joint meeting of the presidents of securities commission and presidents of stock markets was held on the sidelines of the meeting and discussed a number of issues including unification of trading hours in GCC stock markets.