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

Desribe bahrain stock mart - Essay ExampleIn order to bring better code in the capital market, the regulation authority was transferred to Central border 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 compute is to ensure the investors protection by maintaining the integrity. In order to follow a globally accepted ensample for proper accounting and financial reporting practices in Bahrain, it is following the principle set by internationalistic 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 regularization the brokering houses, clearing houses and central depositories and approval of new offerings. It also undertakes the proper judiciary enforcement, market surveillance and investor facts of life 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.