Securities Markets offer an important vehicle to mobilize savings, provide long-term funding, and increase access of governments, corporates, and households to finance. The global financial crisis has raised important challenges for securities markets in emerging countries. These markets continue to play a vital role in development. Many questions and issues have been raised and much has been learned in the recent past about improving the way these markets function.
It was in this context that the Global Capital Markets Development Department's Securities Markets Group, held its annual half-day workshop for participants from the U.S. SEC's International Institute for Securities Markets Development. The workshop was held on Friday April, 30 in the IFC Building (Room L-101). During the workshop, the Securities Markets Group explored selected issues from the post-crisis development agenda for securities regulators in emerging economies.
The Securities Markets Group is a global leader in developing securities markets in emerging market countries, providing advisory services, supporting IFC investments, and providing intellectual leadership on global trends and operations. The group works closely with in-country counterparts to build enabling legal and regulatory environments and strengthen market institutions. As a joint World Bank and IFC operation, the team works closely with IFC and World Bank industry, regional and Treasury departments throughout the emerging markets world.
Agenda (To view presentation, click on the speaker's name)
9:00 – 9:10 Welcome and Introduction to the Program
Shidan Derakhshani, Director, Global Capital Markets Development Department, Financial and Private Sector Development, World Bank Group
9:10 – 9:30 Who we are and What we do: Strategy and Products
Alison Harwood, Manager, Securities Markets Group, Global Capital Markets Development Department (GCMSM), World Bank-IFC
9:30 – 10:15 Impact of the Crisis on Government Bond Markets in Emerging Market Economies
Anderson Silva, Senior Debt Specialist, GCMSM, World Bank-IFC
10:15 – 11:00 The Future of Self-Regulation in Securities Markets
Clemente del Valle, Lead Financial Specialist, GCMSM, World Bank-IFC
11:00 – 11:15 Coffee Break
11:15 – 12:00 Regulating Securitization: Lessons from the Financial Crisis
Timothy Brennan, Principal Securities Market Specialist, GCMSM, World Bank-IFC
12:00 – 12:30 Wrap-up: What are your priorities going forward and how can we help?
Securities Markets Team
*For further information, please email Clemente del Valle at firstname.lastname@example.org or Uloaku Echebiri at email@example.com