The "Capital Market Institutions Committee" concluded the 2024 Capital Market Institutions Forum, organized in collaboration with the Capital Market Authority (CMA) in Riyadh today, Tuesday, November 19, 2024. The forum was held under the theme "The Capital Market: Toward a Sustainable Future" and was sponsored by the Chairman of the CMA, H.E. Mohammed bin Abdullah Elkuwaiz.
The first panel discussion at the forum, titled "Structuring Capital Market Infrastructure," addressed growth opportunities in the capital market institutions sector amidst accelerating digital transformation. The discussion covered tools and channels for market participants, initiatives adopted by the Capital Market Authority to keep pace with global capital market developments, the role of audit functions in enhancing transparency and trust in the market, preparing and developing human capital, and improving capital market institutions' services to meet investor needs.
The second session focused on growth opportunities and enablers in the sector, including exploring promising growth prospects in debt markets, the technological innovation revolution in digital asset management, facilitating foreign investor access to the capital market, implementing effective strategies for asset management to ensure their growth and sustainability, and promoting growth in alternative investments to create new opportunities for portfolio diversification and achieve substantial returns.
Between the two sessions, a visual presentation was delivered, providing an overview of the economy by Mr. Fahad Iqbal, Chief Investment Officer for the Middle East at UBS.
The forum featured four specialized workshops. The first focused on sustainable finance and its key statistics, while the second addressed public offerings and their mechanisms. The third workshop was a roundtable discussion on the "Human Capital Diagnostic Study in Capital Market Institutions." Lastly, the fourth workshop was dedicated to the regulatory enhancements for the offering of debt instruments project.
The forum concluded with a panel discussion featuring the Chairman of the Capital Market Authority, H.E. Mohammed bin Abdullah Elkuwaiz. The session covered key developments in the capital market institutions sector and highlighted significant legislative and regulatory updates in the capital market.