FRA elected to Chair IOSCO Growth and Emerging Markets Committee
17 May 2021
FRA a strong supporter of sustainable financeEarlier this year FRA launched a new think-tank and training center, “the Regional Center for Sustainable Finance”. The center has been established in recognition of the urgency to bridge the finance gap to fulfill the Paris Agreement on Climate Change and the UN Sustainable Development Goals. The center, focusing on Egypt and the Middle East and Africa, is part of an ambitious initiative at the FRA aimed to bring together all training and educational institutes providing services to Non-Banking Financial Institutions, within the FRA mandate to support the development of the non-banking financial markets.
SSE and FRAThe FRA is an active member of the SSE Regulator Working Group and has participated in many SSE projects, including Dr. Omran’s Chairmanship of the SSE Advisory Group that led to the report How Securities regulators can support the Sustainable Development Goals. “I applaud the SSE and its Advisory Group for making a valuable contribution to the ongoing discussion among securities market regulators, exchanges, investors and issuers to promote sustainable finance.” said Mohammed Omran Chairman of FRA in the SSE’s 10 year anniversary report. Prior to joining the FRA, Dr. Omran was the head of the Egyptian Exchange and in this role was one of the five founding signatories of the SSE.
About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.