IOSCO has officially invited Mohammad Fatanat, Head of Irans SEO, to participate in the Affiliate Members Consultative Committee as part of IOSCO Annual Conference which is taking placeon May 8-12 in Perus Lima.
Fatanat is also slated to take part in Growth and Emerging Markets Committee as well as Africa/Middle East Regional Committee of the event.
The Iranian official will also deliver a speech onWednesday at the Presidents Committee Meeting where the joining of Irans SEO to IOSCO will be officially announced.
Mohammad Fatanat had earlierpointed to years of effort for joining IOSCO asserting possessing a long history of activity in the securities market, Iran has managed to join the IOSCO for the first time.
"Considerable efforts have been made to this end; consequently, Irans membership request will be presented at the first coming meeting of the International Organization of Securities Commissions," he had underlined.
Established in 1983, the International Organization of Securities Commissions (IOSCO) regulates more than 95% of the world's securities markets in more than 115 jurisdictions; securities regulators in emerging markets account for 75% of its ordinary membership.
IOSCO develops, implements and promotes adherence to internationally recognized standards for securities regulation.
By Mehr News Agency
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