AECSD and AMEDA to discuss the future of capital markets and depository boosts in Turkey on October 2nd.
AECSD and AMEDA to discuss the future of capital markets and depository boosts in Turkey on October 2nd.
Cairo, July 21, 2024, The Association of Eurasian Central Securities Depositories (AECSD) and Africa and Middle East Depositories Association (AMEDA) will hold their joint summit under the theme "Building the Future of the Capital Markets in Eurasian, Africa and the Middle East: The Role of CSDs—Bridging Markers, Bridging Continents.” from October 2 to 4 in the Turkish capital, Istanbul.
The summit will convene leading institutions dedicated to sustainable development from Eurasia, Africa, and the Middle East, alongside a prestigious gathering of leaders and key figures in the central depository sector.
This year's summit aims to strengthen and support cooperation between AECSD and AMEDA towards advancing the future of capital markets in Eurasia, the Middle East, and Africa by maximizing the role of central securities depositories and enhancing cooperation between central depositories to achieve further integration of continents and capital markets.
At the outset, the President of AMEDA, Abdulla Abdin, expressed his pleasure at AMEDA's participation in the summit, scheduled for next October in Istanbul.
He added that this year's summit will build on the future of capital markets in Eurasia, Africa, and the Middle East, reflecting on AMEDA's ongoing efforts to support central securities depository operations and the instrumental role of companies in supporting stability, transparency, and growth in all markets.
In the same context, Riham Khedr, Secretary-General of AMEDA, underscored the importance of this year's edition of the summit in Turkey considering its objectives, particularly in terms of strengthening cooperation between depositories and enhancing strategic partnerships in various financial markets across many continents. Consequently, the two organizations decided to reach an MOU to catalyze this effort. The MOU is scheduled to be signed during the conference.
She added that AMEDA is keen to continue organizing such important events that align with its vision and directions, in addition to supporting and taking partnerships to the next level, which will positively reflect on the growth of financial markets and contribute to simulating various external experiences while staying informed about the latest standards and trends in the field of central depository activity.
About AMEDA
AMEDA, established on April 27, 2005, before the CSD 8th conference, is a non-profit organization made up of central securities depositories and clearing houses in Africa and the Middle East. It was established as an international and regional professional institution to promote a spirit of cooperation and harmony among its members and to achieve the goals it occasionally sets. The number of members now stands at 40 from more than 30 countries.
