Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange To Promote Educational Programs

Date 08/07/2013

One of the main plans of TSE During the current Iranian year (ending 20th March 2014) is to develop its educational system for the listed companies, announced Mohammad Hasheminejad, the director of Investment Development department at TSE.

He emphasized the advantages of such a system in an interview with TSE’s website, and stated that some of the programs have been designed to train the listed companies’ directors, financial officers, internal auditors and listing experts. “Based on our findings, most of the conflicts and breaches of law are made by some lack of awareness and information”, he said.

TSE has planned to hold about 10 workshops this year about corporate governance and internal controls, as the events have significant role to update directors’ attitude about CG issues and investors’ concern, added Mr. Hasheminejad.

He concluded that some other programs will also help the exchange to encourage more market’s participants to apply online trading services, and to use futures contracts as their risk hedging tools, which all may result in the growth of trading volume from the second half of this year.