The Bermuda Stock Exchange (BSX) yesterday announced that Bermuda will be participating in the International Organization of Securities Commissions’ (IOSCO) World Investor Week to be held globally October 1st to 7th.
In making the announcement BSX President & CEO Greg Wojciechowski noted, “The BSX is proud to once again be taking the lead in promoting World Investor Week in Bermuda. The international initiative’s aim is to increase awareness of the importance of investor education and protection, so it aligns perfectly with our ongoing ‘Own Your Share of Bermuda’ investor education programme.”
Mr. Wojciechowski went on to say, “In addition to complementing our national initiative, World Investor Week provides the Exchange with yet another opportunity to collaborate with many of the world’s leading exchanges and securities regulators and puts Bermuda front and centre on the world stage, joining 81 other countries in participating in the event.”
Reinforcing the importance of Bermuda’s participation, the Bermuda Monetary Authority (BMA), an ordinary member of IOSCO, has also thrown its support behind the campaign. In making their announcement BMA Senior Advisor – Banking, Trust, Corporate Services & Investments (BTCSI), Marcia Woolridge–Allwood noted, “The BMA is pleased to continue our support for the IOSCO’s World Investor Week and we congratulate the BSX for spearheading and organizing events with our global peers on this notable initiative”. For helpful information on becoming an informed investor, the BMA will publish a “Smart Investor” tip list on the BMA website, under “Quick Links” on the BMA home page.
The CFA Society Bermuda will also be supporting the event through its membership. CFA Society President Shane English explaining, “The CFA Institute is one of five global supporting organizations and the CFA Society Bermuda is pleased to lend its support to the domestic market. We are always happy to promote programmes that further the CFA’s mission, which includes enhancing investor education, one of the key messages for the 2018 WIW initiative.”
Following on the success of last year’s World Investor Quiz, the BSX has partnered with Bermuda’s national daily paper, The Royal Gazette, to run the RG/BSX WIW Quiz Challenge. Royal Gazette Business Editor Jonathan Kent explains further.
“The Royal Gazette is happy to support the BSX in this investor education initiative once again. It can only be a good thing for our readers to be more informed on the investment opportunities that exist locally, especially the chance to own a piece of the household-name companies that list on the BSX.
“We will run a full week of articles by experts on various aspects of investment. Each piece will bear the WIW logo and each will have a quiz question embedded within. All the articles will appear in print and on our website at www.royalgazette.com.The very special prize of a $2,500 BSX securities portfolio certainly encouraged great interest in last year’s quiz and we are hopeful of a similar response this time.”
Entry details for the WIW Quiz Challenge can be found on the BSX website www.bsx.com.
In closing Mr. Wojciechowski noted, “Over its forty-seven year history the Bermuda Stock Exchange has remained committed and loyal to the Bermuda domestic capital market and participating in events such as the WIW is just one more way for us to continue to contribute the economic growth and prosperity of Bermuda’s economy.”
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