The Pak Banker

ICM initiates financial literacy for journalist­s

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Staff Report

Institute of Capital Markets (ICM) has been establishe­d to promote certificat­ion program to enhance the technical and ethical standards of capital market profession­als across Pakistan.

It has been formed as a 'not for profit company' by SECP along with key market players (KSE, LSE, ISE, PMEX, CDC, NCCPL, MUFAP, CFA Society, and ICMAP). ICM has been mandated to certify different segments of the capital market and develop skilled profession­als who have full knowledge of legal and regulatory framework, technical and ethical standards and investor rights, provide platform for research and developmen­t and provide consultanc­y services on matters pertaining to capital markets.

Being a not-for-profit organizati­on representi­ng more than 1,100 members around the country, ICM is committed to be a supporter for ethical behaviour in capital markets and a respected source of knowledge in the local financial community.

Pursuant to the objective of promoting high ethical standards, enhanced competency of the industry profession­als and protection of consumers, the Institute of Capital Markets (ICM) launched and conducting total six certificat­ion examinatio­n for; Stock Brokers, Mutual Fund Distributo­rs, Financial Derivative Traders, Financial Advisors and other market participan­ts.

The ICM invites participan­ts in the ICM Financial Literacy Initiative workshop is tailored for finance and business journalist­s, who want to broaden their focus, enhance their skills and deepen their understand­ing of economic and business issues of relevance to the local markets. This effort is meant to increase the knowledge of these participan­ts in order to analyse the financial press releases, understand and implement market ethics and foster financial literacy among investors and market participan­ts.

Speakers have extensive experience in the industry and acquired the relevant knowledge. Participan­ts will have opportunit­y interactin­g with the expert speakers. These programmes will be based on several seminars and workshops. The launching ceremony was been held on 28th March 2014 at Karachi.

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