Asia Pacific Finance Institute of Australia (APFIA), a member of Asia Pacific Stock Exchange (APX) located in Sydney, and the BSE Institute Ltd(BIL), a wholly-owned subsidiary of the Bombay Stock Exchange, have entered into a Memorandum of Understanding to jointly explore opportunities in financial and capital markets and to further develop the securities industry in the markets that each entity represents.
In particular, the APFIA and BIL will co-operate in the development of training courses for company directors and executives in Australia and emerging markets.
George Wang, Executive Director of APX, said, “We are delighted to be partnering with BIL in this initiative. BIL has a good track record for the development and delivery of education systems and content.”
“Given the APX focus on bridging the capital markets between Australia and Asia, it is important that company directors and executives have a good understanding of their obligations in the APX markets. Education will be key to the quality of the companies seeking to list on APX,” Wang said.
Ambarish Datta, Managing Director of BIL, said, “We are pleased to be joining with APX to deliver education offerings in the Asian region. It further extends our vision to be the most sought after learning provider in the world in areas of financial and leadership learning. We have been training the market regulators and exchange professionals in the Asia Pacific region over the last few years, we are confident that this collaboration will help us extend our offerings further. ”
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