Desribe bahrain stock market Essay Example | Topics and Well Written Essays - 500 words

Desribe bahrain stock market - Essay ExampleIn bon ton to bring better regulation in the capital market, the regulation authority was transferred to rudimentary Bank of Bahrain (CBB) from Ministry of Commerce during 2002 (Bahrain Bourse, Introduction). Capital Markets Supervision Directorate (CMSD) of Central Bank of Bahrain is the apex regulatory body responsible for supervising capital market. The primary objective of CBB in this regard is to ensure the investors protection by maintaining the integrity. In order to follow a globally accepted standard for proper accounting and financial reporting practices in Bahrain, it is following the principle set by International Organization of Securities Commissions (IOSCO). The CMSD has been constantly working for developing the investors trust on Bahrain Bourse. CMSD undertakes a number of responsibilities like regulating the brokering houses, clearing houses and central depositories and approval of refreshing offerings. It also undertak es the proper judiciary enforcement, market surveillance and investor education initiatives etc (Central Bank of Bahrain-a, Functions & Contact Details). With matured supervision and stricter regulation, Bahrain Stock Exchange has been emerging rapidly. Currently, 50 equities 35 mutual funds and 19 bonds are listed and traded regularly.