We at the Securities and Exchange Commission of Sri Lanka (SEC) are privileged to welcome you to Colombo for the annual conference and meetings of the IOSCO Growth and Emerging Markets Committee (GEMC) this September.
This year, Sri Lanka enjoys the unique privilege of hosting both the GEMC, the largest committee of the International Organization of Securities Commissions (IOSCO) and the Asia Pacific Regional Committee (APRC) in Colombo, parallel to one another. Of these, GEMC has the distinction of being the only committee established by an international standard setter with a specific focus on issues faced by emerging markets, while the APRC focuses on issues characteristic to securities regulation in the Asia-Pacific. The role played by each of these committees within the IOSCO organisational structure ensures that the global regulatory framework shaped by it remains inclusive for markets of all sizes and at all stages of development: a feature from which Sri Lanka stands vastly to benefit.
With as much as 75 percent of the ordinary membership of IOSCO converging for the GEMC sessions, and with representatives of nearly 30 jurisdictions in the Asia Pacific joining them to engage in parallel regional sessions, our task as hosts will doubtless prove as rewarding as it will be challenging. For our counterpart regulators across the globe, these conferences and meetings will serve as valuable learning and networking opportunities, while the staff of the SEC will stand especially to benefit from the valuable global and regional insights into securities regulation that result from their role in facilitating these interactions.
As September 2017 draws ever closer, we wish you productive sessions at IOSCO GEMC 2017 in Colombo; and encourage you to make the most of our signature island hospitality in seeking out the rich and eclectic experiences and offerings which make Sri Lanka the wonder of Asia.
Director General of Securities and Exchange Commission of Sri Lanka