AMEDA

The Africa & Middle East Depositories Association (AMEDA)

AMEDA was established in April 27 2005 as a non-profit organization comprised of Central Securities Depositories and Clearing Houses in Africa and the Middle East . The associations main purpose is to be a forum for the exchange of information and experiences among its members in a spirit of mutual cooperation and to promote best practice recommendations in services such as securities depository, clearance, settlement, and risk management. AMEDA’s goal is also to support local markets in their efforts to adopt securities market regulations, while considering their specific circumstances and to serve as a dialogue channel with other organizations worldwide.

Mission

AMEDA was formed for the benefit of its Member community, as an elective, inter-professional and regional facility to foster a spirit of cooperation, reciprocity and harmony among members, to achieve those objectives it determines from time to time.

Activities

1. Strengthen the community of members by facilitating contacts among them and their representatives.
   
2. Support member leadership in hosting forums, forming working groups, reporting on topics of interest, addressing standards and practices, sourcing technical expertise.
3. Organize and administer the optional pooling of resources, when driven by the common or specific interests of members or some of them.
4. Encourage and assist in sharing experiences, information and processes through meetings, training programs and publications.
5. Promote collaboration on projects of mutual benefit or importance, including assisting members with regulatory and other market entities in their respective markets
6. Advocate their interests by participating to events of significant relevance, representing common views or when solicited, and expressing member support to interested parties, as deemed appropriate
7. Facilitate member, market institution, financial intermediary and investor awareness of current relevant information and events, and of activities of the association and its members, by providing simple central access. to it.
8. Liaise with other international groups and organizations in promoting the transparency of the member’s activities through the provision of information and data.
   

Members

·         Abu Dhabi Securities Market – Abu Dhabi

·         Stock Exchange -

·         Bourse des Valeurs Mobilières de l’Afrique Centrale (BVMAC) – Central African Republic

·         Dubai Financial Market - Dubai

·         Misr for Central Clearing, Depository & Registry – MCDR -

·         GSE Securities Depository Co. Ltd -

·         Tel Aviv Stock Exchange and Clearing House -

·         Securities Depository Center –

·         Central Depository and Settlement Corporation limited –

·         Kuwait Clearing Company S. A. K. –

·         MIDCLEAR S. A. L. –

·         Libyan Stock Market –

·         Central Depository & Settlement Co Ltd (CDS) –

·         MAROCLEAR –

·         Central Securities Clearing System Ltd –

·         Muscat Depository & Securities Registration Co. (S.A.O.C) –

·         Palestine Securities Exchange – Palestine

·         Tadawul (Saudi Financial Market) –

·         Strate –

·         STICODEVAM Tunisian Central Depository –

·         NASDAQ Dubai Limited –