02 Jul, 2006DIFX becomes affiliate member of IOSCO, strengthening international links

The Dubai International Financial Exchange (DIFX) has been admitted as an affiliate member of the International Organisation of Securities Commissions (IOSCO), a body that promotes high standards amongst regulators and leading stock exchanges around the world.

Nasser Alshaali, Chief Operating Officer of the DIFX, said: "The DIFX's membership of IOSCO enables it to interact and cooperate with other leading exchanges and market regulators in supporting and constantly enhancing the integrity and efficiency of financial markets."

This includes effective surveillance of securities transactions and enforcement of regulations."

Other affiliate members of IOSCO include the New York Stock Exchange, the London Stock Exchange and Hong Kong Exchanges and Clearing.