The International Organization of Securities Commissions (IOSCO) kicked off the 2022 edition of World Investor Week last Monday (3), covering topics ranging from financial education to cryptocurrencies.
Over the past two years, in 2020 and 2021, Investor Week has introduced the topic of cryptocurrencies at the event to thousands of people around the world who follow the discussions.
In fact, the global financial market has become more important with the advent of the pandemic, with many investors starting their operations to earn additional income. However, changing and updating the fundamentals of these investments can be important.
World Investor Week Begins and Will Focus on Cryptocurrency Discussions
The 2022 edition will focus on innovations that are reshaping the market, such as sustainable finance and cryptocurrencies, and the current challenging environment that requires greater investor resilience.
According to IOSCO, the campaign kicked off this week with several global and regional launch events, such as the “Ring the Bell” financial and investor education ceremonies in New Zealand and Poland, and video messages about Japan and France ahead of other regional launches. events in Angola and Brazil.
This year, the G20 presidency in Indonesia is also supporting the global investor event.
The organization said that, as in previous years, there will be various activities for participants to learn about investor education and protection. Speakers include securities regulators, financial authorities, universities and more.
In Brazil, José Vasco of the Securities and Exchange Commission (CVM) emphasized that financial education is a must in a dynamic market.
“Investor education is a must in a market where the financial products and services available to retail investors continue to evolve and become more complex. Investor behavior has to adapt to this ever-changing market, and this requires knowledge and understanding of all stakeholders, who can facilitate regulators, market participants and other stakeholders. WIW promotes this collective effort.”
It is worth remembering that the CVM pays attention to cryptocurrencies in Brazil and participates in debates about the regulation of the sector with authorities.
Messages about cryptocurrencies are passed on to investors
As part of this campaign, WIW is disseminating key messages in English related to investor resilience, sustainable finance, cryptocurrencies, and fraud and scam prevention, to facilitate understanding by retail investors and the general public of some basis points on these topics.
According to Martin Moloney, Secretary General of IOSCO, this is a global campaign to educate investors.
“IOSCO is pleased to support a global campaign promoting investor education as a way to increase investor protection and confidence in the market. Investors must understand and rely on the market to conduct business and benefit from the financial products and services it offers, with the aim of increasing their financial well-being, planning for the future and maintaining financial resilience. Regulation and supervision are necessary, but financial literacy completes that work.”
Founded in 1983, IOSCO has a website for those interested in following the event.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.