The Muscat Securities Market (MSM) celebrated, on Tuesday May 11, 2010, the launching of the Professional Certificates Program for persons working in companies operating in the field of Securities.
Monday, 17 May 2010
The Muscat Securities Market (MSM) celebrated, on Tuesday May 11, 2010, the launching of the Professional Certificates Program for persons working in companies operating in the field of Securities.
The inauguration was held at the Businessmen Hall in the Capital Market Authority (CMA) building under the auspices of His Excellency Yahya bin Said Al- Jabri, the CEO of the Capital Market Authority.
This program shall boost the competence and capabilities of brokers and financial analyst operating in Oman capital market. It is targeting all persons working in companies operating in the field of Securities. It benefits the brokers, financial analyst, consultants, portfolios and investment funds managers as well as the front and back offices of brokerage companies.
“There are ongoing processes by the CMA and MSM for developing the Stock Market” said Mr. Ahmed Al-Marhoon the Director General of Muscat Securities Market. He further stated “the instability of the international economy during the last few years caused a decline on investment in securities; we are therefore planning to provide training programs to persons working in companies operating in the field of Securities to cope with the current economic scenarios . It is our belief that the development of persons working in companies operating in the field of securities would enhance the investor’s confidence on the stock market”
Simon Culhane , CISI Chief Executive said “ The CMA, MSM and CISI have developed a strong working partnership in the last two years , and I am particularly impressed with the commitment and speed that the local authority has demonstrated in helping Omani citizens acquire the necessary skills to become a world class financial centre”
The British Chartered Institute for Securities & Investment (CISI) is the largest and most widely respected professional body for those who work in the securities and investment industry in the United Kingdom. The CISI was formed in 1992 by members of the London Stock Exchange, and received a Royal Charter in 2009. Its mission is to set standards of professional excellence and integrity for the securities and investment industry, to provide qualifications and to promote the highest level of competence to its members, firms and others.