BHBNewsLetter June 2019

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Issue 20 - JUNE 2019
BAHRAIN BOURSE RECOGNIZED AS THE FIRST SEMI-GOVERNMENT ENTITY TO RECEIVE
3RD LEVEL (OUTSTANDING) IN INFORMATION SECURITY FORUM ‘THIQA’ (CONTINUED)
BAHRAIN BOURSE PARTICIPATES IN THE FINANCIAL SECTOR CONFERENCE HELD IN
RIYADH (CONTINUED)
This high-level award comes in
recognition of Bahrain Bourse’s
excellence in protecting its IT
infrastructure after successfully
completing the third level of
the ‘Thiqa’ (Trust) IT Security
Program, which aims to enhance
awareness of the information
security and the practices of the
government entities in the King-
dom. The program requirements
The conference aims to enhance
the Kingdom of Saudi Arabia’s
financial sector within Saudi
Vision 2030 programs, especially
the initiatives of Financial Sector
Development Program, in
accordance with its three pillars:
enabling financial institutions
to support the private sector’s
included an application phase for
operations and self-evaluation,
followed by an audit by the
Information & eGovernment
Authority (iGA) to ensure
compliance. On this occasion,
Shaikh Khalifa Bin Ebrahim
Al Khalifa, Chief Executive Officer
of Bahrain Bourse, commented:
“Bahrain Bourse was keen to join
the Information Security program
‘Thiqa’ (Trust) as part of its effective
approach and commitment to the
implementation of the international
standards and best practices of
information security. The Bourse
adopts a solid technical framework
that meets the highest information
security standards, as e-security is
considered one of the key pillars
of the capital markets globally.
“This achievement comes as an
appreciation and support from
the Information & eGovernment
Authority (iGA) for the Bourse’s
efforts in developing and enhancing
the Bourse’s information security
infrastructure, which reflects
positively on the capital market
sector.” Sh. Khalifa added.
growth, developing an advanced
financial market, and enabling
the financial planning in all
segments of the society. The
conference hosted more than 80
speakers, 21 panel discussions,
and more than 2000 attendees.
The conference highlighted
key themes, including financial
sector capacity building, financial
technology (FinTech), the financial
sector competitiveness, Islamic
finance, real estate finance, and
the challenges and opportunities
in the insurance market. The
conference featured diverse
representation from the public
and private sectors, including
the international institutions,
leading globally-recognized
consultancy and financial services
firms, International rating agencies,
financial professionals and
experts in investment, stock mar-
kets, funding, and insurance as well.