World Capital Markets Symposium in Kuala Lumpur

Global thought leaders gathered Tuesday at the World Capital Markets Symposium (WCMS), organised by the Securities Commission Malaysia (SC) in conjunction with its 20th anniversary.

At the opening session, Malaysian Prime Minister Dato’ Sri Najib Razak (pictured above) delivered a keynote address to more than 700 senior policymakers and representatives from global financial institutions, academia as well as local and foreign media from over 40 countries.

WCMS 2013 features prominent speakers including Lord Adair Turner, Senior Fellow, Institute for New Economic Thinking and Former Chairman, Financial Services Authority, U.K.; Sheila C Bair, Former Chairman, Federal Deposit Insurance Corporation, USA; and Dr Fareed Zakaria, Editor-at-Large of Time magazine and host of Fareed Zakaria GPS, CNN’s flagship international affairs program.

Hans Hoogervorst, Chairman of International Accounting Standards Board and David Jeremy Wright, Secretary General of the International Organisation of Securities Commissions, two regulators from global financial standard-setting organisations, shared their thoughts on how a strong regulatory foundation can be the basis of a sustainable and resilient capital market.

Since the inaugural symposium in 2009, WCMS has emerged as a flagship thought-leadership platform for discussion and debate on opportunities and challenges faced by capital markets as well as the broader economy.

The symposium is also a platform to attract investments into the Malaysian capital market, which apart from being recognised as an advanced emerging market, is also the world’s largest sukuk market and Asia’s third largest bond market by GDP.

Themed “Redefining Markets: Sustaining Growth and Resilience,” prominent speakers will be sharing their views on factors underpinning efforts to build inclusive resilient and sustainable capital markets.

The Symposium (Oct. 22 – 23) will also discuss the growing role of Asia and the impact of an integrated ASEAN on regional dynamics.

To find out more about WCMS, visit

RMN News

Rakesh Raman