Bahrain Bourse ‘Rings the Bell for Financial Literacy’
Bahrain Bourse (BHB), an affiliate member of the International Organisation of Securities Commissions (IOSCO), has announced its participation in the seventh annual World Investor Week (WIW).
The activity started on Monday and ends on Sunday.
Alongside the IOSCO WIW, Bahrain Bourse virtually joined 82 other global exchanges in the World Federation of Exchanges’ annual ‘Ring the Bell for Financial Literacy’ event.
This is the sixth consecutive year that Bahrain Bourse has participated in the event to demonstrate its ongoing commitment to enhancing market literacy and investor awareness in collaboration with local partners and international exchanges.
As part of its participation in the week-long events, Bahrain Bourse hosted a ‘Ring the Bell for Financial Literacy’ campaign featuring key participants from various listed companies and stakeholders to highlight BHB’s various financial literacy initiatives.
World Investor Week is a global campaign promoted by IOSCO to raise awareness on the importance of investor education and protection and highlight the various initiatives of securities regulators.
This year, the key messages of the IOSCO WIW campaign is focused on three themes: Investor Resilience, Crypto Assets, and Sustainable Finance, which have been identified as particularly relevant given current global market conditions.
Other complementing themes cover Frauds and Scams Prevention, Basics of Investing, Technology and Digital Finance.
Bahrain Bourse chief executive Shaikh Khalifa bin Ebrahim Al Khalifa said, “We are proud to participate in the prestigious IOSCO’s World Investor Week ‘Ring the Bell for Financial Literacy’. Bahrain Bourse’s commitment to enhancing financial literacy and promoting investor awareness remains unwavering with our involvement in this global campaign.
“We look forward to working with local, regional and international organisations to foster a culture of financial education, investor protection and responsible investing.”
Jean-Paul Servais, chair of the IOSCO Board and chairman of Financial Services and Markets Authority, Belgium, said: “Investor protection is a key IOSCO objective. Securities regulators use different tools to promote and enhance investor protection, including policy, supervision, oversight, enforcement and financial education.
“During the global pandemic, retail investors encountered new and bigger risks; some of these risks may continue into the future or evolve. In response, the IOSCO Work Programme 2023-2024 will continue supporting investor education as a critical pillar of investor protection, together with other measures aimed at combating retail market misconduct and fraud, promoting investor confidence and financial inclusion, and protecting the investor interests.”
