The Capital Market Authority (CMA) of Rwanda has joined the International Organization of Securities Commissions (IOSCO) for World Investor Week. This global campaign, running from 7 to 13 October 2024, aims to raise awareness about the importance of investor education and protection, highlighting various initiatives by securities regulators.
This year's IOSCO World Investor Week focused on technology and digital finance, crypto assets, and sustainable finance.
Thapelo Tsheole, Chief Executive Officer of the CMA Rwanda stressed the authority's commitment to technology in developing the capital market.
"CMA Rwanda welcomes all fintech innovations to test their ideas in our Fintech Regulatory Sandbox. This programme helps both CMA and innovators understand emerging trends in financial technology and regulatory needs through shared learning. It fosters innovation while ensuring we meet our regulatory objectives."
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CMA Rwanda is participating alongside regulators from around the world in a series of activities designed to empower investors and protect their interests.
IOSCO’s World Investor Week has two goals, namely promoting key messages that support investor education, protection, and financial literacy, and creating learning opportunities for investors. The campaign also aims to strengthen cooperation among IOSCO members on investor education and protection.
"The IOSCO Investor Week aligns with our goal to create a more knowledgeable and secure investment environment in Rwanda,” Thapelo said.
"Throughout the week, CMA will engage thousands of current and potential investors through digital platforms to enhance investor education and protect their interests as an educated investor is a protected investor."
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During this year’s World Investor Week, CMA Rwanda, Rwanda Stock Exchange, and investment and fund managers ran a digital media campaign to inform the public about saving and investment opportunities in the local stock market.
The IOSCO Investor Week brings together regulators, market participants, and stakeholders from across the globe to promote financial literacy and underscore the importance of protecting investors. Through various educational activities, the event aims to equip people with the knowledge and tools to make informed investment decisions.