GCC implications of the ‘new oil order’ discussed by leading economists; trader education is key to solving current market issues

Dubai, UAE, 21 January 2016: The 2nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai.

The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, is taking part in a panel session which will analyse what progress has been made in developing and enforcing codes of conduct and risk management in the GCC.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey.  “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time.  When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money.”

For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.
“The second is education and awareness of the rules.  Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.”

In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for.  It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.”

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

The GCC Financial Markets & Treasury Conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre, which has been instrumental in connecting financial institutes together.

Other speakers at the event include Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Novita’s Resources; Fahad Al Turkic, Chief Economist and Head of Research, Jada Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

The 2nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners.

Source: http://www.dubaiprnetwork.com/pr.asp?pr=106311

GCC implications of the ‘new oil order’ discussed by leading economists; trader education is key to solving current market issues

Dubai, UAE, 21 January 2016: The 2nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai.

The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, is taking part in a panel session which will analyse what progress has been made in developing and enforcing codes of conduct and risk management in the GCC.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey. “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time. When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money.”

For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.
“The second is education and awareness of the rules. Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.”

In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for. It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.”

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

The GCC Financial Markets & Treasury Conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre, which has been instrumental in connecting financial institutes together.

Other speakers at the event include Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Novita’s Resources; Fahad Al Turkic, Chief Economist and Head of Research, Jada Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

The 2nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners.

Source : http://www.godubai.com/citylife/press_release_page.asp?PR=106311&Sname=Banking

Dubai: Economic experts on Thursday discussed GCC implications of the ‘new oil order’ and said traders’ education is key to solve current market issues.

The 2nd GCC Financial Markets & Treasury Conference opened in Dubai with the theme of the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, analysed what progress has been made in developing and enforcing codes of conduct and risk management in the GCC during a panel discussion.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey. “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time.  When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money,” he explained. For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.

“The second is education and awareness of the rules.  Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.” In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for.  It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.”

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

The GCC Financial Markets & Treasury Conference is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre, which has been instrumental in connecting financial institutes together.

Other speakers at the event include Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Novita’s Resources; Fahad Al Turkic, Chief Economist and Head of Research, Jada Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

Source: http://www.khaleejtimes.com/business/economy/gcc-must-create-globally-harmonised-laws-experts

GCC implications of the ‘new oil order’ discussed by leading economists; trader education is key to solving current market issues
Dubai, UAE, 21 January 2016: The 2^nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai.

The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, is taking part in a panel session which will analyse what progress has been made in developing and enforcing codes of conduct and risk management in the GCC.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey. “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time. When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money.”

For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.

“The second is education and awareness of the rules. Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.”

In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for. It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.”

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

The GCC Financial Markets & Treasury Conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre, which has been instrumental in connecting financial institutes together.

Other speakers at the event include Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Novita’s Resources; Fahad Al Turkic, Chief Economist and Head of Research, Jada Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

The 2^nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners. More information is available at www.gccfmt.com.

Source: http://www.zawya.com/story/2nd_GCC_Financial_Markets__Treasury_Conference_opens-ZAWYA20160121092505/

Dubai, UAE, 21 January 2016: The 2nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai.

The 2nd GCC Financial Markets & Treasury Conference has opened in Dubai

The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, is taking part in a panel session which will analyse what progress has been made in developing and enforcing codes of conduct and risk management in the GCC.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey.  “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time.  When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money.”

For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.

“The second is education and awareness of the rules.  Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.”

In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for.  It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

The GCC Financial Markets & Treasury Conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre, which has been instrumental in connecting financial institutes together.

Other speakers at the event include Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Novita’s Resources; Fahad Al Turkic, Chief Economist and Head of Research, Jada Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

The 2nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners.  More information is available at www.gccfmt.com.

Source: https://www.hozpitality.com/news/announcements/2nd-gcc-financial-markets-and-treasury-conference-opens

• GCC implications of the ‘new oil order’ discussed by leading economists; trader education is key to solving current market issues

The 2^nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai.

The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the ‘new oil order’ on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.

One of the high profile speakers at the event, Marshall Bailey, President of ACI International, is taking part in a panel session which will analyse what progress has been made in developing and enforcing codes of conduct and risk management in the GCC.

“A lack of harmonisation in rules and regulations continues to be a major cause for concern among market participants,” said Bailey.  “The vast majority of institutions operate globally, and therefore, have to comply with multiple laws and codes of practice at the same time.  When these rules diverge, contradict or are unclear, compliance becomes confusing, resource-heavy and requires additional personnel, time and money.”

For GCC regulators, the message from Bailey is to create laws which are as globally harmonised as possible, although he acknowledges there are further implications in relation to codes of conduct, and to invest time and money into educating traders.

He added: “The number one rule for any global code to be effective is that it has to apply universally across borders, so all participants are clear on what is and is not acceptable behaviour.

“The second is education and awareness of the rules.  Trader education, not regulation, is the key to solving the current market issues, and once individuals are made aware, their managers and compliance departments need to make sure it is enforced appropriately.”

In order to create clarity in the market, Bailey advises national regulators to adopt the clearly defined codes and if necessary, back those up with laws to embed the national financial regulations and guarantee strong enforcement.

“Levelling the playing field internationally in this way will provide much needed clarity for financial market professionals – something that many institutions are crying out for.  It is also beneficial for regulators, as they can measure the behaviour, ethics and conduct of all participants by the same criteria, regardless of whether they are in New York, London, Dubai, Singapore or Japan, and any misdemeanours can be immediately addressed.”

The ACI Model Code will be highlighted by Bailey at the conference as the best place to start because it is widely accepted as the most complete of codes and provides a comprehensive moral compass to which professionals can adhere globally.

Source: http://www.azadnewsme.com/en/46/2/6504/2nd-GCC-FINANCIAL-MARKETS–TREASURY-CONFERENCE-OPENS.htm

How the ‘new oil order’ across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region, will be the theme of the second GCC Financial Markets and Treasury Conference in Dubai, it has emerged. Held under the patronage of Deputy Ruler of Dubai and UAE’s Finance Minister Shaikh Hamdan bin Rashid Al Maktoum, the conference will bring global economic experts together to discuss how lower oil prices and high government spending may see the development of debt capital markets in the region, said a report in the Gulf Daily News (GDN), our sister publication.

To read further, please visit GDNonline

DUBAI: The 2nd GCC Financial Markets & Treasury Conference in Dubai will address how the ‘new oil order’ across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region.

Held with the support of Sheikh Hamdan bin Rashid Al-Maktoum, deputy ruler of Dubai and minister of finance of the UAE, the conference will bring global economic experts together to discuss how lower oil prices and high government spending may see the development of debt capital markets in the region.
Speakers at the Jan. 21-22 event include: Marshall Bailey, president of ACI International; Thunayan Al-Ghanim, honorary president, ICA and KFMA Kuwait; professor Tom James, co-founder and managing director, Navitas Resources; Fahad Al-Turki, chief economist and head of research, Jadwa Investment; and Mohammed Alsahlawi, professor of economics, King Fahad University of Petroleum.
The two-day conference, moderated by radio presenter Richard Dean, is organized by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Center.
Mohammed Al-Hashemi, chairman of the UAE Financial Markets Association, said: “The new oil order is reshaping the way markets around the world balance supply and demand with the oil and gas industry. This conference will allow influential experts specialized in the GCC economic markets to share their point of view on how lower oil prices will impact the region.”
He said: “Delegates attending the conference will gain unrivalled access to our speakers and have the opportunity to engage in the panel sessions, receiving direct insight on the issues affecting the current financial climate in the region and around the world.”
Other speakers include: Khatija Haque, head of MENA Research, EmiratesNBD; Marios Maratheftis, chief economist, Standard Chartered Bank; Emad Almonayea, CEO, Kuwait Finance House Investment; Suresh Kumar, founder of Tricolor Values Group; Anita Yadav, head of fixed income Research, EmiratesNBD; Gaurang Desai, CEO of the Dubai Gold & Commodities Exchange; Mathew Hurns, executive director, head of finance, emerging sectors, Mubadala Development Company; Christian Esters, senior director, Sovereigns Ratings; and Mahmood Al Aradi, senior managing director and head of global markets, National Bank of Abu Dhabi.
Topics to be addressed include the key global macroeconomic risks forecasted for the next 12 months, the importance of regulation and the development of risk management in the GCC, and how debt capital markets in the region could provide an alternative source of financing for budgets.
Ahoud Al-Ali, Treasurer, UAE Financial Markets Association, added: “The aim of the UAE FMA is to play a major role in connecting financial markets together in order to share knowledge in an open, transparent way.
The GCC Financial Markets and Treasury Conference offers a platform for economic professionals to network and forge new business associations, helping to maintain professionalism in the industry.”
The 2nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners.

Source: http://www.arabnews.com/economy/news/863201

2nd GCC Financial Markets & Treasury Conference held under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum

Dubai, UAE, 10 January 2016: The 2^nd GCC Financial Markets & Treasury Conference in Dubai will address how the ‘new oil order’ across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region.

Held under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, the conference will bring global economic experts together to discuss how lower oil prices and high government spending may see the development of debt capital markets in the region.

Speakers at the event, which runs from 21-22 January 2016 at The H Hotel, Dubai, include: Marshall Bailey, President of ACI International; Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Navitas Resources; Fahad Al Turki, Chief Economist and Head of Research, Jadwa Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.

The two-day conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre.

Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, said: “The new oil order is reshaping the way markets around the world balance supply and demand with the oil and gas industry. This conference will allow influential experts specialised in the GCC economic markets to share their point of view on how lower oil prices will impact the region.

“Delegates attending the conference will gain unrivalled access to our speakers and have the opportunity to engage in the panel sessions, receiving direct insight on the issues affecting the current financial climate in the region and around the world.”

Other speakers include: Khatija Haque, Head of MENA Research, EmiratesNBD; Marios Maratheftis, Chief Economist, Standard Chartered Bank; Emad Almonayea, CEO, Kuwait Finance House Investment; Suresh Kumar, Founder of Tricolour Values Group; Anita Yadav, Head of Fixed Income Research, EmiratesNBD; Gaurang Desai, CEO of the Dubai Gold & Commodities Exchange; Mathew Hurns, Executive Director, Head of Finance, Emerging Sectors, Mubadala Development Company; Christian Esters, Senior Director, Sovereigns Ratings; and Mahmood Al Aradi, Senior Managing Director & Head of Global Markets, National Bank of Abu Dhabi.

Topics to be addressed include the key global macroeconomic risks forecasted for the next 12 months, the importance of regulation and the development of risk management in the GCC, and how debt capital markets in the region could provide an alternative source of financing for budgets.

Ahoud Al Ali, Treasurer, UAE Financial Markets Association, added: “The aim of the UAE FMA is to play a major role in connecting financial markets together in order to share knowledge in an open, transparent way. The GCC Financial Markets and Treasury Conference offers a platform for economic professionals to network and forge new business associations, helping to maintain professionalism in the industry.”

The 2^nd Financial Markets & Treasury Conference is supported by ADS Securities, Tullett Liberty and BCG Partners. More information on registering to attend is available at www.gccfmt.com.

Source: http://www.zawya.com/story/ZAWYA20160110084543/

The 2nd GCC Financial Markets & Treasury Conference in Dubai will address how the ‘new oil order’ across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region.

Held under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, the conference will bring global economic experts together to discuss how lower oil prices and high government spending may see the development of debt capital markets in the region.
Speakers at the event, which runs from 21-22 January 2016 at The H Hotel, Dubai, include: Marshall Bailey, President of ACI International; Thunayan Al Ghanim, Honorary President, ICA and KFMA Kuwait; Professor Tom James, Co-Founder and Managing Director, Navitas Resources; Fahad Al Turki, Chief Economist and Head of Research, Jadwa Investment; and Mohammed Alsahlawi, Professor of Economics, King Fahad University of Petroleum.
The two-day conference, moderated by radio presenter Richard Dean, is organised by the UAE Financial Markets Association, in association with strategic partner Dubai International Financial Centre.
Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, said, “The new oil order is reshaping the way markets around the world balance supply and demand with the oil and gas industry. This conference will allow influential experts specialised in the GCC economic markets to share their point of view on how lower oil prices will impact the region.
“Delegates attending the conference will gain unrivalled access to our speakers and have the opportunity to engage in the panel sessions, receiving direct insight on the issues affecting the current financial climate in the region and around the world.”
Other speakers include: Khatija Haque, Head of MENA Research, EmiratesNBD; Marios Maratheftis, Chief Economist, Standard Chartered Bank; Emad Almonayea, CEO, Kuwait Finance House Investment; Suresh Kumar, Founder of Tricolour Values Group; Anita Yadav, Head of Fixed Income Research, EmiratesNBD; Gaurang Desai, CEO of the Dubai Gold & Commodities Exchange; Matthew Hurns, Executive Director, Head of Finance, Emerging Sectors, Mubadala Development Company; Christian Esters, Senior Director, Sovereigns Ratings; and Mahmood Al Aradi, Senior Managing Director & Head of Global Markets, National Bank of Abu Dhabi.
Topics to be addressed include the key global macroeconomic risks forecasted for the next 12 months, the importance of regulation and the development of risk management in the GCC, and how debt capital markets in the region could provide an alternative source of financing for budgets.
Ahoud Al Ali, Treasurer, UAE Financial Markets Association, added, “The aim of the UAE FMA is to play a major role in connecting financial markets together in order to share knowledge in an open, transparent way. The GCC Financial Markets and Treasury Conference offers a platform for economic professionals to network and forge new business associations, helping to maintain professionalism in the industry.”

Source: http://www.cpifinancial.net/news/post/34227/conference-to-address-how-gcc-states-can-adapt-to-the-new-oil-order

تعد تجربة الإمارات في التنويع الاقتصادي، وزيادة مساهمة القطاعات غير النفطية في الناتج المحلي الإجمالي، خطوة يجب أن تحتذى الدول الخليجية والدول المنتجة للنفط الأخرى بها في ظل «الواقع النفطي الجديد» بحسب مشاركين في فعاليات الدورة الثانية من «مؤتمر دول مجلس التعاون الخليجي للأسواق المالية والخزانة» الذي يقام تحت رعاية سمو الشيخ حمدان بن راشد آل مكتوم، نائب حاكم دبي وزير المالية.

وكشفت فعاليات المؤتمر الذي بدأ أعماله في دبي أمس، عن وجود تضارب كبير بين الخبراء في توقع موعد تعافي أسواق النفط وتحديد السعر خلال السنوات المقبلة، لكن الخبراء اجمعوا على أن أهم الظواهر في «الواقع النفطي الجديد» تتمثل في ضعف قدرة وتأثير منظمة الدول المنتجة للنفط (أوبك)، على ضبط الأسعار وتحديد سقف الإنتاج، مؤكدين أن نجاح سياسات التنويع الاقتصادي وزيادة الفوائض المالية المحققة من ارتفاع أسعار النفط على مدار السنوات الماضية، جعلت الإمارات من أقل الدول المنتجة للنفط خطوة يحتذى بها

وقال محمد السهلاوي، أستاذ الاقتصاد في جامعة الملك فهد للبترول، إن تجربة الإمارات في التنويع الاقتصادي (خطوة يجب أن يحتذى بها) لاسيما في مجال تشجيع الاستثمار الأجنبي وزيادة عدد القطاعات المساهمة في الناتج المحلي الإجمالي، مؤكداً أن تلك السياسات جعلت الإمارات من أقل الدول المنتجة للنفط تأثراً بتراجع الأسعار في الوقت الحالي إضافة الى توافر فوائض مالية من ارتفاع أسعار النفط في السنوات الماضية تم توظيفها بشكل جيد.

وأشاد السهلاوي، بمبادرات قيادة دولة الإمارات من أجل الاستعداد لمرحلة ما بعد النفط ووضع برنامج وطني شامل لتحقيق الرؤية بالاحتفال بآخر برميل نفط تصدره الدولة، داعياً إلى العمل على تحفيز القطاعات الاقتصادية التي تمثل قيمة مضافة وتسهم بفعالية

في اقتصاد الإمارات مع ترشيد الإنفاق.

 http://www.alittihad.ae/details.php?id=2970&y=2016:المصدر

افتتحت أمس رسمياً فعاليات الدورة الثانية من «مؤتمر مجلس التعاون الخليجي للأسواق المالية والخزانة»، الذي يقام تحت رعاية سمو الشيخ حمدان بن راشد آل مكتوم، نائب حاكم دبي، وزير المالية.
ويتمحور المؤتمر- الذي يستضيفه فندق «ذي إتش هوتيل دبي» حتى اليوم الجمعة حول موضوع «الواقع النفطي الجديد» وتأثيره في دول مجلس التعاون، والتبعات المتوقعة لارتفاع العجوزات المالية في المنطقة.
وسيقدّم مارشال بايلي- رئيس شركة «إيه سي آي إنترناشيونال» وأحد أهم المتحدثين في الفعالية- تحليلاً للتقدّم الذي تم إحرازه على صعيد إعداد وتطبيق مواثيق السلوك المهني وإدارة المخاطر في دول مجلس التعاون.

وقال بايلي: «لا زال الافتقار إلى الانسجام بين القواعد واللوائح التنظيمية يشكّل أحد أبرز مثارات القلق بالنسبة للمتداولين، حيث تعمل أغلبية المؤسسات على نطاق عالمي يفرض عليها الالتزام بقوانين ومواثيق مختلفة في آن معاً، فتواجه صعوبات في الامتثال عند حدوث أي تضارب أو تناقض أو عدم وضوح في هذه القواعد والقوانين، لتجد نفسها مضطرة إلى تكريس المزيد من الموارد والمال والوقت وتوظيف خبرات جديدة بهدف تجاوز هذه التحديات».
وحث بايلي الجهات التنظيمية في الخليج على سن قوانين متناغمة مع الواقع العالمي قدر الإمكان، مع الإشارة إلى أنه ثمة مضاعفات أخرى تتعلّق بمواثيق السلوك المهنية وتكريس الوقت وإنفاق المال على تثقيف المتداولين.
وأضاف قائلاً: «إن القاعدة الأولى عند إعداد أي ميثاق عالمي تتمثّل في إعطائه صيغة قابلة للتطبيق في مختلف البيئات العالمية، بحيث يحدّد بكل وضوح الفرق بين السلوك المقبول وغير المقبول بغض النظر عن البيئة».

تثقيف المتداولين

وأردف: «أمّا القاعدة الثانية، فهي ضرورة التعريف إلى القواعد وتثقيف المعنيين بها، إذ يمثل تثقيف المتداولين عنصراً جوهرياً وأكثر أهمية من اللوائح التنظيمية في حل مشاكل السوق الحالية. وحالما يصبح الأفراد مدركين لما هو مطلوب منهم، يجب على مديرهم والأقسام المشرفين عليهم، ضمان تطبيق المواثيق على النحو المطلوب».
ومن أجل تعزيز وضوح الصورة في السوق، ينصح بايلي الجهات التنظيمية الوطنية باعتماد مواثيق ذات معايير واضحة، وإن اقتضى الأمر يجدر بهذه الجهات دعم المواثيق بقوانين تكمّل اللوائح التنظيمية المالية المحلّية وتضمن تطبيقها بشكل صارم.
وأوضح بايلي: «أن إرساء أسس عالمية بهذا الشكل من شأنه ضمان مستوى الوضوح اللازم للمتخصصين في الأسواق المالية، وهو شيء تتوق إليه الكثير من الشركات اليوم. كما سيصب ذلك في صالح الجهات التنظيمية عبر تمكينها من قياس سلوكيات وأخلاقيات كافة المنخرطين في السوق ضمن إطار المعايير ذاتها، سواء كانوا في نيويورك، أو لندن، أو دبي، أو سنغافورة أو اليابان، مما يتيح رصد أي خروق أو مخالفات والتعامل معها على الفور».

الميثاق المهني

وفي هذا السياق، سيقوم بايلي بتسليط الضوء على الميثاق المهني المعتمد من قبل شركة «إي سي آي» بصفته نقطة بداية نموذجية، حيث يحظى هذا الميثاق بقبول واسع النطاق بصفته الميثاق الأكمل، ويشكّل ما يمكن اعتباره بوصلة شاملة لمتخصصي الأسواق المالية في شتى أنحاء العالم.
يشار إلى أن «مؤتمر دول مجلس التعاون الخليجي للأسواق المالية والخزانة» الذي يدير حواراته مقدم البرامج الإذاعية ريتشارد دين، يتم تنظيمه من قبل جمعية الإمارات للمتداولين في الأسواق المالية بالتعاون مع شريكها الاستراتيجي مركز دبي المالي العالمي، الذي يلعب دوراً هاماً كصلة وصل بين المؤسسات المالية.
وتتضمن قائمة المتحدثين في الفعالية شخصيات مرموقة أخرى مثل ثنيان الغانم، الرئيس الفخري ل«كلية الإبداع العالمية» وجمعية الأسواق المالية الكويتية، والبروفيسور توم جيمس، المؤسس الشريك والعضو المنتدب لشركة «نوفيتاز ريسورسز»، وفهد التركي، كبير الاقتصاديين ومدير إدارة الأبحاث لدى شركة «جدوى للاستثمار»، ومحمد السهلاوي، أستاذ الاقتصاد في جامعة الملك فهد للبترول.
ويحظى «مؤتمر دول مجلس التعاون الخليجي الثاني للأسواق المالية والخزانة» بدعم من «إيه دي إس سيكيوريتيز»، و«توليت ليبرتي»، و«بي سي جي بارتنرز»

http://www.alkhaleej.ae/economics/page/49a81b8d-7cb6-470d-8796-71caa37a655e : المصدر

بدأت فاعليات الدورة السنوية الثانية من “مؤتمر مجلس التعاون الخليجي للأسواق المالية والخزانة” في دبي أمس تحت رعاية سمو الشيخ حمدان بن راشد آل مكتوم نائب حاكم دبي ووزير المالية.

ويناقش المؤتمرالذي تنظمه على مدى يومين جمعية الإمارات للمتداولين في الأسواق المالية بالتعاون مع مركز دبي المالي العالمي “الواقع النفطي الجديد” وتأثيره على دول مجلس التعاون الخليجي والتبعات المتوقعة لارتفاع العجوزات المالية في المنطقة.

وقدم مارشال بايلي رئيس شركة “إيه سي آي إنترناشيونال” خلال المؤتمر تحليلا للتقدم الذي تم إحرازه على صعيد إعداد وتطبيق مواثيق السلوك المهني في مجال التداول في الأسواق المالية وإدارة المخاطر في دول مجلس التعاون.

وقال بايلي إن الافتقار إلى الانسجام بين القواعد واللوائح التنظيمية لا يزال يشكل أحد أبرز مثارات القلق بالنسبة للمتداولين حيث تعمل أغلبية المؤسسات على نطاق عالمي يفرض عليها الالتزام بقوانين ومواثيق مختلفة في آن معا فتواجه صعوبات في الامتثال عند حدوث أي تضارب أو تناقض أو عدم وضوح في هذه القواعد والقوانين لتجد نفسها مضطرة إلى تكريس مزيد من الموارد والمال والوقت وتوظيف خبرات جديدة بهدف تجاوز هذه التحديات.

وحث الجهات التنظيمية في دول مجلس التعاون على سن قوانين متناغمة مع الواقع العالمي قدر الإمكان مع الإشارة إلى أنه ثمة مضاعفات أخرى تتعلق بمواثيق السلوك المهنية وتكريس الوقت وإنفاق المال على تثقيف المتداولين.

وأوضح بايلي أن القاعدة الأولى عند إعداد أي ميثاق عالمي تتمثل في إعطائه صيغة قابلة للتطبيق في مختلف البيئات العالمية بحيث يحدد بكل وضوح الفرق بين السلوك المقبول وغير المقبول بغض النظر عن البيئة.

http://www.alwatannewspaper.ae/news.php?n_id=57369 :المصدر

وتتضمن قائمة المتحدثين في المؤتمر الذي يقام في فندق «ذي إتش هوتيل» بدبي يومي 21 و22 يناير/‏تشرين الثاني الجاري، كلاً من: مارشال بيلي، رئيس جمعية الأسواق المالية الدولية (ACI)، وثنيان الغانم، الرئيس الفخري لأكاديمية الإبداع الدولية وجمعية الأسواق المالية الكويتية؛ والأستاذ الجامعي توم جيمس، المؤسس الشريك والعضو المنتدب لشركة «نافيتاس ريسورسز»، وفهد آل تركي، كبير الاقتصاديين ورئيس قسم البحوث لدى «جدوى للاستثمار»، ومحمد السهلاوي، أستاذ الاقتصاد في جامعة الملك فهد للبترول.
ويجري تنظيم المؤتمر الذي تم اختيار مقدّم البرامج الإذاعية ريتشارد دين مديراً للحوارات فيه، من قبل جمعية الإمارات للمتداولين في الأسواق بالتعاون مع شريكها الاستراتيجي مركز دبي المالي العالمي.

أساليب جديدة

وقال محمّد الهاشمي، رئيس مجلس إدارة جمعية الإمارات للمتداولين في الأسواق: «من الواضح أن «الواقع النفطي الجديد» سيفضي إلى ظهور أساليب جديدة لتحقيق التوازن بين العرض والطلب ضمن قطاع النفط والغاز في مختلف أنحاء العالم. ومن هنا سيكون المؤتمر بمثابة منصة تتيح للخبراء المتخصصين في الأسواق الخليجية فرصة التعبير عن آرائهم حول التأثيرات المحتملة لانخفاض أسعار النفط في المنطقة».
وأضاف: «ستتاح للمشاركين في المؤتمر إمكانية الاستماع إلى متحدثينا والتفاعل مع بعضهم بعضاً في إطار الجلسات الحوارية، ليطلعوا على أحدث المستجدات التي تؤثر في المناخ المالي الراهن على مستوى المنطقة والعالم».

ويشار إلى أن «المؤتمر الثاني لدول مجلس التعاون الخليجي للأسواق المالية والخزانة» سيشهد مشاركة متحدثين آخرين مثل خديجة حقّي، رئيسة قسم البحوث في منطقة الشرق الأوسط وشمال إفريقيا لدى «بنك الإمارات دبي الوطني»، وماريوس ماراثيفتيس، كبير الاقتصاديين لدى بنك «ستاندرد تشارترد»، وعماد المنيع، الرئيس التنفيذي لشركة «بيتك» الاستثمارية، وسوريش كومار، مؤسس مجموعة «تريكولور فاليوز جروب»، وآنيتا ياداف، رئيس قسم بحوث الدخل الثابت لدى «بنك الإمارات دبي الوطني»، وجورانج ديساي، الرئيس التنفيذي لبورصة دبي للذهب والسلع، وماثيو هيرنز، المدير التنفيذي ورئيس قسم التمويل في الأسواق الناشئة لدى «مبادلة للتنمية»، وكريستيان إيسترز، مدير أول لدى شركة «سوفيرينز» للتصنيفات.

تشتمل قائمة المواضيع التي ستكون مطروحة للنقاش على المخاطر الاقتصادية الكلية المتوقعة حول العالم على مدى الأشهر الـ12 المقبلة، وأهمية الجانب التنظيمي وتطوير إدارة المخاطر في دول مجلس التعاون، وكيف يمكن اللجوء إلى أسواق رأس مال الائتمان في المنطقة كمصدر بديل لتمويل الميزانيات.
من جانب آخر، قالت عهود آل علي، مديرة الخزينة لدى جمعية الإمارات للمتداولين في الأسواق المالية: «يتمثل هدف جمعيتنا في لعب دور رائد كصلة وصل بين الأسواق المالية بهدف تشارك المعرفة والخبرات بأسلوب يتسم بالانفتاح والشفافية. ولهذا السبب نرى في «مؤتمر دول مجلس التعاون الخليجي للأسواق المالية والخزانة» منصة نموذجية لخبراء الشؤون الاقتصادية كي يتواصلوا ويبنوا علاقات جديدة بما يعزز معاً الاحترافية ضمن القطاع».

http://www.alkhaleej.ae/economics/page/fd24bf0e-2539-407d-ac3c-069957150142 :المصدر