- This event is part of the World Investor Week (WIW), a week-long global investor education and awareness campaign organised by IOSCO every year with security market regulators and other members across 6 continents
- The virtual webinar organised are on diverse topics related to investor awareness and investor education
- Top representatives from Ministry of Finance (MoF), SEBI, Top Exchanges such as NSE, BSE and MCX, Depositories, Stock Brokers and other industry stakeholders are attending the event
MUMBAI, India, Nov. 24, 2020 /PRNewswire/ — Association of National Exchanges Members of India (ANMI), under the aegis of market regulator Securities and Exchange Board of India (SEBI) has organised the Investor Awareness Week-2020. The inaugural webinar held yesterday with the theme ‘Investor Awareness: A key to Financial Well-being’ had participants from Ministry of Finance (MoF), SEBI and top Indian and international exchanges.
Mr. Anand Mohan Bajaj, Additional Secretary, Department of Economic Affairs (DEA), Ministry of Finance (MoF) was the Guest of Honour for the inaugural session. Mr. Bajaj emphasized on the fact that the investors are the natal element for the growth of the market. He said, “Making India a 5 Trillion economy is still a mission in spite of the pandemic situation and we are very confident to achieve it with the government reforms and strong market systems. For a well-developed capital market, we need to have the relevant globus policy in place which should include well established exchanges, clearing and settlement systems, very robust regulator and surveillance fame work, money market arrangements, strong legal framework and accurate information about the financial soundness and future prospects of corporate must be available on timely basis.”
Mr. Ananta Barua , Whole Time Member, SEBI was the Chief Guest. He spoke about how investors are benefited through four factors available in the capital market which support and motivate them to stay invested in the market. First one being Ease of Investment and level of transparency where through multiple products investors can invest through various online platforms with so much ease. “Transparency in transaction process in secondary markets is important,” he said. Second being Regulation an important factor to control misuse of client’s securities and prevention of market manipulation. Third being Risk Management where it is important and necessary for the intermediaries to consider risk factors and invest client’s money very carefully and fourth being Governance where the focus needs to be on good corporate governance.
Mr. V S Sundaresan, Executive Director, SEBI said intermediaries have an important role to connect investors with the capital market. In his key note address, he mentioned the importance of education of new investors before entering into capital market. He spoke about the importance of investor awareness programs and appreciate ANMI for working towards investors education and awareness through seminars and events etc.
Mr. Lyndon Chao, Managing Director, Head of Equities & Post Trade, Asia Securities Industry & Financial Markets Association (ASIFMA) was the international guest speaker for the webinar. He spoke about the importance to strengthen capital market through policies and infrastructure. He appreciated the various reforms in Indian markets and said India is a fast-growing country, having strong fundamentals along with easy market access which encourages global investors.
Elaborating about this year’s event, Mr. Anup Khandelwal, President, ANMI, said, “Making the right investment choices play a significant role in building investor confidence and trust, and thus forms the very basis of a deep, liquid and broad-based securities market. ANMI has always played a proactive role in promoting financial literacy and investor awareness for enabling informed decision making. This year, as part of the Investor Awareness Week, ANMI has decided to conduct a series of virtual events and webinars on diverse topics that are of relevance to investors of securities markets.”
The ‘Investor Awareness Week’ is the Indian offshoot of the World Investor Week (WIW) organised by International Organisation of Securities Commission (IOSCO) in October every year with its members and securities market regulators across 6 continents. The purpose of this event is to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas.
Highlighting the importance of investor education and awareness in the dynamic and ever-changing securities markets, Mr. Ajay Tyagi, Chairman, SEBI, said: “Complexities of the securities market have grown manifold during the last three decades with so many developments relating to market structure, newer products to name a few. There is a need for investors to make informed investment decisions. Thus, investor awareness and education play an important role in educating the investor.”
The inaugural event was attended with much fervour and all participants congratulated ANMI for its wonderful move of organizing investor awareness program to edify the investors through its regular knowledge series webinars.
The virtual event hosted by ANMI will go on till November 29th 2020 and is attended by top representatives from Ministry of Finance (MoF), SEBI, Top Exchanges such as NSE, BSE and MCX, Depositories, Stock Brokers and other industry stakeholders.
Association of National Exchanges Members of India (ANMI) is an association comprising around 900 Stock Brokers from across the country who are members of National Stock Exchange of India Limited, The Bombay Stock Exchange, Multi Commodity Exchange and other exchanges having national presence. The basic objective of ANMI is to work for the growth of the capital markets thus contributing to the economic development of the country and the overall interest of investors and its members at large by becoming a medium between regulator, exchanges and participants. ANMI is also a member of the International Council of Securities Association (ICSA).
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