IOSCO launches World Investor Week to promote investor education

world-investor-week

Sep 30, 2019 (LBO) – The International Organization of Securities Commissions (IOSCO) today launched its third annual World Investor Week (WIW) following its success in previous years at attracting more than one thousand financial organizations to showcase their initiatives for promoting investor education and protection across the globe.

From 30 September to 6 October 2019, securities regulators, stock exchanges, international organizations, investor associations and other stakeholders from almost 90 countries are planning to offer an array of activities to increase awareness of investor education and protection in their jurisdictions.

Activities range from workshops and conferences to local/national investor education campaigns, games and contests and many of these events will continue throughout the rest of the year.

In addition to highlighting the importance of investor education and protection, a key objective of the WIW is to foster learning opportunities for investors – a particularly important goal in the current context of rapid technological innovation and increasingly interconnected financial markets.

The International Organization of Securities Commissions (IOSCO) develops, implements and promotes adherence to internationally recognised standards for securities regulation and comprises of 129 ordinary members. SEC Sri Lanka is a member of IOSCO.

The IOSCO Board conducts the policy work through eight committees. SEC SL is a Member of C4 (Committee on Enforcement and the Exchange of Information) and C8 (Committee on Retail Investors).

In 2016 the SEC was admitted to the Committee on Retail Investors taking into consideration the extensive investor education programmes undertaken by the SEC.

The Committee consists of 38 members and its primary mandate is to conduct IOSCO’s policy work on retail investor education and financial literacy.

World Investor Week (WIW) is an annual global campaign launched by IOSCO and aims to promote investor education and investor protection.

Stock Exchanges from around the world will join the WIW initiative and the World Federation of Exchanges (WFE) to Ring the Bell for Financial Literacy in 2019.

The Colombo Stock Exchange and the Securities and Exchange Commission of Sri Lanka will ring the market opening bell as a call to action to improve financial education and literacy in Sri Lanka on Friday, 4th October 2019 at 8.45 am at the Colombo Stock Exchange Trading Floor.