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BISX CEO Attends International Organization of Securities Commissions Conference

FOR IMMEDIATE PUBLICATION – 9 JUNE 2017

BISX CEO ATTENDS INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS CONFERENCE

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(From L to R: BISX CEO Keith Davies, Securities Commission Executive Director Christina Rolle, IOSCO Secretary General Paul Andrews)

BISX Chief Executive Officer Mr. Keith Davies took part in the International Organization of Securities Commissions (IOSCO) conference held May 15 – 18. IOSCO is the leading international policy forum for securities regulators and is recognized as the global standard setter for securities regulation.  It is made up of over 100 security regulators and self-regulating organizations (SROs). The theme for IOSCO’s Annual Conference was “Building Securities Market Resilience in the Post-Crisis World” and it was held in Montego Bay, Jamaica. This year’s conference brought together more than 400 securities regulators, industry representatives and other financial market participants from around the world.

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(Conference Attendees viewing Panel Discussion)

Ashley Alder, Chair of the IOSCO Board, noted the IOSCO 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.”

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(From L to R: BISX CEO Keith Davies, IOSCO Vice-Chairman Mr. Ranjit Ajit Singh) 

Mr. Davies reflected on the event by saying, “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.”

Noting that this was the first time that this conference was held in the English-speaking Caribbean,
Mr. Davies went on “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.”