THE ARAB MONETARY FUND (AMF) HOLDS A VIRTUAL WORKSHOP TO DISCUSS BUNA’S SUPPORT TO THE INTEGRATION OF ARAB FINANCIAL MARKETS
The workshop is organized in collaboration with Euroclear, and marks an ongoing series of Buna’s virtual events
More than 200 senior officials will attend, representing central banks and a wide spectrum of financial institutions from the region and beyond
Abu Dhabi, 08 April 2021: The Arab Monetary Fund (AMF) holds today, Thursday April 8, 2021, a workshop to discuss Buna (the cross-border payment system owned by the AMF) consideration to expand its set of innovative solutions by supporting the clearing and settlement of securities, with the ambition of developing an integrated Arab Financial Market that is capable to increase the depth of issued financial instruments and provide easier access to Arab and international investors. Additionally, this workshop will mark one year of the Buna interactive events that reached a total number of 20 workshops, during which the Buna management team and diverse high-level guest speakers representing Arab and international financial institutions, elaborated on the value proposition of Buna and shared regular updates on its progress and plans.