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News
BEST Brazil Gathers 310 Investors in 2008 Middle Eastern and European Road Shows
A summit of the world’s major providers of central counterparty (CCP) clearing services, accompanied by key representatives of exchanges and marketplaces, global financial firms, central securities depositories and regulators, will be held in Tokyo from Wednesday April 16, through Friday, April 18.
The BEST – Brazil Excellence in Securities Transactions finished its first round of road shows of 2008 gathering an audience of 310 investors. The BEST in Middle East and in Europe was held in Dubai, London, Luxembourg and Geneva and included official events and parallel meetings in these cities.
The list of speakers in the events included Mr. Paulo Valle, Deputy Secretary of the Brazilian National Treasury; Mr. Mario Torós, Deputy Governor for Monetary Policy of the Brazilian Central Bank; and Mr. Sergio Weguelin, Commissioner of the Brazilian Securities and Exchange Commission (CVM), as well as representatives of the Brazilian private sector institutions.
The seminars have stimulated interesting debates between speakers and audience, mainly focusing on fiscal and monetary policies conducted by the Brazilian government, vehicles for non-resident investors participation in the Brazilian capital market, risk management of the clearings, the restructuring of the Brazilian exchanges and volatility of the Brazilian market, among other topics.
The BEST Brazil road shows began in 2004. Over 2007, 1,080 investors have participated in the BEST Brazil events held in nine cities across North America, Europe and Asia .
BEST Brazil main purpose is to promote the Brazilian capital markets to the international investor community. It is a joint initiative among the Brazilian Mercantile & Futures Exchange (BM&F), the São Paulo Stock Exchange (BOVESPA), the Brazilian Clearing and Depository Corporation (CBLC) and the National Association of Investment Banks (ANBID) and counts with full support of the Brazilian National Treasury, the Brazilian Central Bank and the Brazilian Securities and Exchanges Commission.
The next 2008 BEST Brazil road shows will take place in North America . The events will be held in Toronto , Boston and New York and are scheduled to June 16, 17 and 19. For further information on BEST, visit www.bestbrazil.org .
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