The importance of a strong capital market in boosting development is not always recognised. This was the focal point of my session at the International Finance Corporation (IFC), the Capital Markets - Pacific Alliance Conference.
This was hot on the heels of a recent address I made at Kazakhstan’s 2nd Astana International Capital Markets Forum and following our work with the Kazakhstan to open their market up.
This is a vibrant region where numerous governments and market authorities have not only recognised the need to develop their capital markets, but undertaken vigorous reform programmes.
Taking this to the next stage will be the focus of my panel discussion with the likes of Jingdong Hua, Vice President and Treasurer, at the IFC.
Interestingly, the IFC and Euroclear have much in common as facilitators of capital market development and international best practices. In fact, we expect to agree an MOU outlining our how we plan to collaborate and support the G20’s objectives and the UN’s Sustainable Development Goals (SDGs).