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On Thursday, October 12, 2023, The Egyptian Exchange (EGX) organized a training day for representatives of the Reserve Bank of the Republic of Malawi, an organization responsible for regulating banking and non-banking financial institutions. The training took place at EGX’s premise in Smart Village. This training is part of a capacity-building program, hosted by the Financial Regulatory Authority, aiming at improving trading surveillance function of the Reserve Bank of Malawi (RBM).
During the training day, emphasis was placed on elucidating the technical and practical elements of automated market trading surveillance. Furthermore, in-depth insights were provided into the operations of various technical departments, including the disclosure and listing departments.
This initiative arises from EGX’s endeavor to transfer its expertise to its counterpart in Malawi, which is currently in the process of updating and implementing a trading surveillance system.
The two parties agreed to continue communication to build and activate effective frameworks for future cooperation.
