Ms. Vasiliki Lazarakou, Chair of the Hellenic Capital Market Commission (HCMC) and member of the IOSCO Board, along with Professor Mr. Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC) and member of the IOSCO Board and Vice-Chair of Asia-Pacific Regional Committee (APRC) , have signed a bilateral Memorandum of Understanding (MoU) in Bangkok, Thailand.
This agreement between their respective supervisory authorities aims to enhance cooperation, facilitate the exchange of confidential information, and provide mutual assistance in capital market matters. By establishing direct and effective communication channels, both regulators seek to strengthen oversight of investors and companies within their financial sectors.
During the signing ceremony, Ms. Vasiliki Lazarakou, Chair of the HCMC, delivered a concise presentation on the Greek capital market, emphasizing the importance of cooperation between regulatory authorities. Recognizing the global nature of markets and their interconnectedness, she highlighted that the bilateral MoU not only strengthens collaboration but also enables the exchange of experiences and expertise in areas such as legislative frameworks and supervisory practices.
Professor Shibli Rubayat-Ul-Islam, Chairman of the BSEC, acknowledged the strong relations between Greece and Bangladesh and expressed his belief that this MoU will elevate their partnership to new heights. He highlighted the significance of increased mutual cooperation between the two regulators, which will facilitate the exchange of information and experiences, ultimately bolstering capacity-building efforts.
