GCC Awareness Program “Effective Governance the Foundation of Sustainable Development”

08 April 2021

The securities awareness and education campaign of the GCC regulators 

continues in the GCC member states in collaboration with the Secretariat

General  to enhance investment awareness efforts  in the stock exchanges of

the member states. The fourth campaign was launched by the Securities and

Commodities Commission of the United Arab Emirates and will continue in

the month of April.

The theme of the campaign is “Effective Governance the  Foundation of

Sustainable Development” with the aim of  providing advice  to directors

and officers listed companies and to highlight  the rules and regulations 

related to governance to avoid the risks related to the performance and

management of the companies to consolidate the vision of wise governance that leads to achieving successful performance for the companies and wise management of the risks beside putting in place smart strategy for the company business.

The campaign addresses specifically  several categories comprising directors and management of listed companies, key corporate officers , governance officers and investor relations officers of listed companies, shareholders, prospective investors, interested persons such as researchers and reporters  and the public in general.

The campaign employs a number of methods including social media networks, satellite channels, newspapers, websites and  webinars. The content is provided through  a set of methods such as infographics, animation, interviews, digital publications such as brochures and booklets,  information quiz, awareness  articles  in the newspapers and short messages.

The Commission aims through such activities to promote implementation of the institutional governance directives and to enhance the companies’ directors’ and officers’  implementation of the concept of institutional discipline and wise management to increase the level of investor confidence in the companies and the stock markets in general

The campaign is part of the GCC awareness program which is a joint programs between the regulators of the GCC stock exchanges which started in November 2020 and targets the participants of the stock markets.

Under the program, GCC regulators sponsor specific period of the program through dissemination of awareness messages including press releases, messages on the respective website, social media accounts of the participant entities in addition to messages in the various media.

GCC regulators attach great importance to awareness in the stock markets

to enhance the level of skills and knowledge of investors to protect and

enable them to take informed and timely investment decisions to

encourage investment in safe and attractive financial market to support

and diversify the national economy.

The first campaign was organized in November and December 2020 under

the theme “ Basics of Investment” organized by the Saudi Capital  Market

Authority  then “Think Before Investing” which was executed by the

Capital Market Authority of Kuwait in January 2021 followed by “Protect Your investment by Knowing Your Rights” organized by Qatar Financial Markets Authority in February and March.

The Secretariat General of the GCC aims from the investment awareness program to increase the level of investors awareness and to disseminate investment awareness and awareness about market manipulation and fraud risks and to encourage risk mitigating strategies to enhance the efficiency and soundness of the markets.