One of the key Goals for the South Pacific Stock Exchange in 2019 is to set up a Regulatory Framework in order to ensure Investor Confidence is maintained.This was revealed by SPSE- Chief Executive Officer-Krishika Narayan during a One- Day Corporate Bonds Forum held in Suva yesterday.
Narayan says the bond market will be one of the ways of increasing the number of listings.
“We are very much aligned to the fact we have more listing on the sock exchange and is one of the main parts of our strategic plan, and as I was saying the Bond market is one of the ways of increasing the number of listings. On the other hand we are also looking at things like over the counter facility introduced where we can allow companies to use our facilities and have that market developed as well”
She also spoke on the various challenges and goals for 2019.
“Setting up a Regulatory Framework because at the South Pacific Stock Exchange, we want to make sure that investor confidence is maintained. So we are ensuing the regulatory framework is set up in such a way that investors are protected but at the same time you also have to make sure its attractive enough for potential bond issuers to come in and issue the bond in the market. So there has to be a balance achieved and this are the challenges we want to counter through Forum such as this and the assistance that has been provided”
The South Pacific Stock Exchange has 20 Listed Companies in the stock Market and they will be reviewing its Listing Rules as well
