Organied by the Financial and Capital Market Commission (FKTK), the forum will present a 10-step program for the development of Latvia's capital market and discuss the implementation of the program and the challenges for Latvia's capital market with industry experts and opinion leaders.
Ahead of the event FKTK Chairwoman Santa Purgaile said: "Compared to other European countries, the capital market is currently underdeveloped in Latvia. This is reflected in the relatively low market capitalisation against gross domestic product. FKTK has identified and compiled proposals for capital market development in order to promote the popularity of a regulated market as a source of capital and to facilitate access to a regulated market for both entrepreneurs and investors.
"Nothing changes by itself – essential decisions related to Latvia's capital market are needed already now in order to expect further progress in the capital market, and accordingly resulting in added value to the national economy.”
It is intended that experts from the European Bank for Reconstruction and Development (EBRD) and the Baltic States will exchange their points of view, Lithuanian and Estonian best practices will be presented, and three panel discussions will be held on following topics:
- Issuers role in attracting investment
- Promoting investors' interest in the Baltic capital markets
- National capacity for the development of capital market
"The aim of the Forum is to promote expert discussions and institutional cooperation in order to develop Latvia's capital market and maximise its potential. A developed capital market gives a boost to the domestic and foreign investment inflows in Latvia, opens up ample opportunity for local and foreign entrepreneurs to raise financial resources, and enables investors to make investment in the development of Latvia's economy," says advance material.
Registration for the forum takes place online at: https://fktk.stasti.lv/tiesraide/
The full program can be read at: https://www.fktk.lv/en/media-room/sectoral-issues/latvian-capital-market-forum-2021/programme/
More details about the event: https://www.fktk.lv/en/media-room/sectoral-issues/latvian-capital-market-forum-2021/