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AMEDA 10 th Meeting Marrakech 21 -23 October, 2009. Mohamed S. Abdel salam President. Meeting Agenda. Briefly reviewing previous meeting decisions and what has been achieved Starte Experience in Joining Linkup Markets Inter CSDs Connections Presentation
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AMEDA 10thMeeting Marrakech 21 -23 October, 2009 Mohamed S. Abdel salam President
Meeting Agenda • Briefly reviewing previous meeting decisions and what has been achieved • Starte Experience in Joining Linkup Markets • Inter CSDs Connections Presentation • Introduction to Futures Contracts • Organizing ALF Discussion • AMEDA Hosting CSD11 Discussion
Meeting Agenda(Cont.d) • ACSDA Issuer Services Questionnaire • Interim Meeting Feedback • ISSA Corporate Actions Proposal • Asset Servicing strategy for the CSD community Presentation • Derivatives Market Presentation • Diversification of CSDs’ Income Discussion • FISN Presentation
Reviewing Previous Meeting Decisions • All members approved AMEDA 2008 Financials and Balance Sheet. • Members contributions to the CSD11 budget are 10 000 Euros each for both Libya and Morocco and 10 000 US$ each for Lebanon, Kuwait, Nigeria, Oman, Jordan, Dubai, Abu Dhabi and Saudi Arabia. Still Bahrain, Tunisia, Nasdaq Dubai, Kenya, Ghana, BVMAC, Israel, Mauritius, Palestine did not decide yet • Marrakech 21 -23 October, 2009 4
Reviewing Previous Meeting Decisions (Cont.d) • The new elected executive committee is the president and vice president, Ms. Monica from South Africa, Mrs. Maryam from Dubai, Mrs. Pauline from Nigeria, Mr. Suliman from Libya and finally Mr. Talal from Kuwait. • The new AMEDA elected executive committee will also be the CSD11 organizing committee. • Marrakech 21 -23 October, 2009 5
Reviewing Previous Meeting Decisions (Cont.d) • All members re-elected Mr. Mohamed Abdel Salam as AMEDA President and Mr. SamirJaradat as Vice President and to extend the next term to five years. • Next AMEDA meeting will be in Lebanon in the first half of year 2010 and the second meeting in Libya in the second half of year 2010. • Marrakech 21 -23 October, 2009 6
Current Situation • AMEDA members are now 21 members of 19 countries • The training committee headed by Ms. Monica Singer Strate CEO succeeded in organizing the 1st AMEDA Leadership Forum that was held from April 27- 29, 2009 in Alexandria. Further discussions are required to determine the regularity of ALFs and topics to be addressed
Current Situation (Cont.d) • AMEDA won the bid to host CSD11 and all regional associations supported AMEDA’s decision • AMEDA successfully hosted the CSD10 coffee break and the mug idea was great • Mr. Samir won the ANNA election
Future Plans • Successfully hosting CSD11 • Inviting all AMEDA members to participate and support organizing CSD11 • Applying ALFs on regular basis • Appling Linkup markets idea in the AMEDA region and later linking it with Linkup markets Europe and other markets • Enhancing co-operation and interaction among members