SEC to spotlight sustainable finance at Global Investor Week 2022

The Securities and Exchange Commission (SEC) said it will highlight issues related to investor resilience and sustainable finance during Global Investor Week 2022.

According to a statement released over the weekend, the 6th edition of World Investor Week (WIW) 2022 will be held from October 24-28, 2022.

The commission added that it is coordinated by the International Organization of Securities Commissions (IOSCO).

He said the SEC, together with the Financial Literacy Technical Committee (FLTC), would join the rest of the world in celebrating the event.

The theme of the event is: “Investor Resilience; and sustainable finance”.

The commission, being a member representing Nigeria in the organization, has lined up a series of activities to commemorate this year’s event.

According to the commission, some of the activities planned for the event include interacting with the public on topics concerning investor education as well as the rights and protections that are considered essential for retail investors nationwide. .

Specifically, webinars titled “Interest-Free Capital Market as a Panacea for Mortgage Finance in Nigeria” and “Investor Resilience and Sustainable Finance” will be held on October 26 and 27, 2022, respectively.

Lamido Yuguda, Managing Director of the SEC, said the commission along with other capital market players have, over time, frequently sought to improve the level and quality of financial literacy in Nigeria.

“Chief among recent initiatives is the ongoing plan to introduce capital markets studies in primary, secondary and tertiary institutions, a project which has reached an advanced stage,” he said.

“There is no doubt that the delivery of this project will change the face of financial literacy in Nigeria.

“Indeed, for this sixth edition of the WIW, stakeholders nationwide are invited to collaborate with the commission and, in their various ways, raise awareness of the need to educate and protect the investor.”

Ashley Alder, Chairman of the Board of IOSCO and Managing Director (CEO) of the Hong Kong Securities and Futures Commission, said: “Over the past two years we have seen an increasing number of retail investors participate in the securities markets, in the context of the global pandemic.

“These investors face new challenges, such as inflationary pressures and uncertainties stemming from geopolitical tensions.

“Financial education and investor protection play a critical role in building resilience and confidence among investors to participate in the financial market on a properly informed basis.”

The IOSCO WIW is an annual week-long global campaign aimed at promoting investor education and protection, as well as strengthening collaborations between member jurisdictions.

Comments are closed.