Bangladesh Securities and Exchange Commission Chairman Prof. Shibli Rubayat-Ul-Islam and Greece’s Bourses Commission Chairperson Dr. Vasiliki Lazarakou held a courtesy meeting and luncheon in HCMC, Hellenic Capital Market Commission office in Athens on Monday, October 24 at 11:30 a.m. local time in Greece. During that time, the relevant authorities of both nations were present.
Meanwhile, Professor Shibli Rubayat-Ul-Islam took part in the 47th annual meeting of the International Organization of Securities Commissions (IOSCO) held in Marrakesh, Morocco from October 17 to 20. After that, on the way back home, he met with the head of the capital market regulatory agency of Greece through the meeting.
From the meeting, mutual communication and cooperation will increase in the capital markets of both countries. At the same time, there was a discussion on the formulation of laws related to the capital market, the development of skills and training of the workforce working in the capital market, and the formulation of new products and services. Besides, the signing of a memorandum of understanding (MoU) between both countries will also be discussed soon. The MoU will be signed in Dhaka between the capital market regulators of Bangladesh and Greece.
Also, there was a discussion about ‘dual listing’ and ‘cross-border transaction’ between the capital markets of Bangladesh and Greece. If this is implemented, there will be an opportunity for the highly capitalized firms of Bangladesh to be listed in the Greek capital market.
On the other hand, there will be opportunities for large Greek firms to be listed in the Bangladesh stock market and operate. Through this, new opportunities can be opened with European countries including Greece in the future around the capital market. In other words, the European Union’s capital market will be opened for Bangladesh in the future.
In the discussion, it was promised to work through mutual cooperation for the development and progress of the capital market of both countries, which will be helpful for the capital market of the country.
