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The details of the five-year strategic plan of the capital market were announced – Tejaratnews


According to Tejarat News, Maisham Hamedi, Research Director of the Securities and Exchange Organization, stated regarding the details of the five-year strategic plan of the capital market: the document of the strategic plan of the capital market is considered the fourth strategic document that was prepared by strategic planning experts since 2014 in order to answer To the needs of the capital market and the fulfillment of upstream documents and other assignments and requirements at the level of the Ministry of Economy, Organization and Capital Market.

He added: The five-year strategic plan of the capital market has been compiled with the supervision and approval of the Supreme Council of the Stock Exchange, and more than 500 people-hours of meetings have been held at different levels to formulate strategies and continue strategic plans.

The Director of Research, Development and Islamic Studies of the Stock Exchange Organization emphasized: After holding numerous meetings and using the opinions of the stakeholders, what was approved by the Board of Directors of the Stock Exchange Organization to be sent to the Supreme Council of the Stock Exchange Organization had 9 strategic goals and 21 strategies.

Regarding the strategic plan formulation process, Hamedi said: international conventional methods such as the balanced scorecard (BSC) were used to formulate the vision and mission, as well as strategies, and in order to emulate the strategic plans of other countries, at least two periods of the capital market strategic plan of seven different countries were used. It has been reviewed so that the domestic strategic plan is aligned with the international literature.

He added: In this document, by conducting the necessary studies and investigations, the development issues of the capital market, including topics related to corporate governance, the development of financing of economic enterprises, organizing the processes of accepting and increasing the capital of companies, reforming and revising the transparency of information disclosure, have been tried. And dealing with identified capital market anomalies, and in order to advance them, the market’s supervisory and executive bodies must formulate and implement long-term, medium-term, and short-term operational plans.

The Director of Research, Development and Islamic Studies of the Securities and Exchange Organization stated: 9 strategic goals have been formulated for the five-year strategic plan of the capital market, which in this regard can be 1- protecting the rights of investors, 2- promoting transparency and efficiency in the capital market, 3- Improving investment awareness and knowledge, 4- Developing financing of economic enterprises and capital formation, 5- Maintaining and strengthening stability in the capital market and improving the regulatory system, 6- Strengthening regulatory mechanisms and legal frameworks, 7- Supporting development and innovation in He pointed out the capital market, 8- intelligentization and strengthening of information technology infrastructures, and 9- development and excellence of the organization and organizational capitals, which are planned with 21 strategies in order to achieve these goals.

Hamedi said: The emphasis of the board of directors and the head of the organization is on serious follow-up and monitoring of the plans until the results are achieved, and the research management of the organization submits periodic reports regarding the degree of realization of the plans to the head of the organization.

He clarified: The strategic plan has been communicated to the stock exchanges and operational plans have been finalized at the level of the organization, and also at the level of the stock exchanges, plans should be prepared with a view to this plan.

In the end, the Director of Research, Development and Islamic Studies of the Stock Exchange Organization stated: The strategic program of the capital market after formulating the mission and vision of this market and conducting international studies in the form of 9 strategic goals and 21 strategies for a five-year period (1406-1402) in the meeting dated 05/17/1402 The Supreme Council of Stock Exchange and Securities proposed and approved. Also, the organization’s research management is obliged to take necessary measures, including developing an operational plan, monitoring and periodically evaluating its progress, in order to control, follow up and monitor the implementation process of the strategic document.

Source: Senate

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