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SCA guidelines support MSCI demands - MEIRS

SCA guidelines support MSCI demands - MEIRS
MEIRS Chairman Alex MacDonald-Vitale

Dubai-Mubasher: The Securities and Commodities Authority’s (SCA) guidelines will help listed companies meet the requirements of both national and international investor communities.

The Middle East Investor Relations Society (MEIRS) supports this pioneering initiative as a significant step towards embedding international standards in local market practice, and encourages companies to further develop their capabilities to meet this requirement.

The guidelines are in line with the recent reclassification to MSCI Emerging Market status and as market demands for disclosure, access and transparency intensify, said MEIRS Chairman Alex MacDonald-Vitale.