Central Securities Depository Of IRAN

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Appointment as WFC Board Member

 

Central Securities Depository of Iran is officially appointed as a member of the board of directors at the World Forum of CSDs during WFC 2019 held in Morocco, Marrakech on 10 April, 2019.

 

WFC holds a conference every two years to exchange information, discuss issues of common interest, and increase their influence and commitment to interregional and global developments, attracting prominent speakers and more than 200 delegates from around the world, including representatives from the five regional CSD associations in Asia-Pacific, the Americas, Africa and the Middle East, Europe and Eurasia, as well as regulators and other stakeholders in the capital markets.

 

The Board of WFC usually convene twice a year and this year CSDI CEO, Hossein Fahimi, was officially introduced as a board member representing the Asia-Pacific CSD Group (ACG) at the meeting as the Vice-chair of the Association.

 

A meeting of regional CSDs’ associations was also held within the frames of WFC 2019. The participants exchanged views on the recent developments in their particular CSD activities, and were updated on the scope of work of the ACG.

 

WFC is the central event for CSD sector held on a biennial basis, which has become a traditional framework for discussing matters of international cooperation and workflow of CSDs. This year CSD of Morocco, Maroclear, has acted as the organizer of the event on behalf of Africa & Middle East Depositories.