Tunisia will host next year’s annual meeting of the Union of Arab Securities Authorities, according to a statement from the CMF (Financial Market Council), a copy of which was received by African Manager.
The decision was taken at the tenth meeting of the Union of Arab Securities Authorities held on March 2 and 3 March in Cairo, where it was decided to award the Union’s presidency to the Financial Market Council in Tunisia from 2017.
The Union of Arab Securities Authorities is an international institution with a regional focus, established in 2007 and comprising fifteen (15) members representing the majority of Arab financial regulatory authorities.
The Union’s objectives is the development of bilateral investment and closer economic cooperation ties through strengthening the legal and organizational framework of Arab financial markets in order to promote transparency and safeguard the rights of investors.