The Arab Federation of Exchanges was established in June 1978 to be the guiding body for the Arab stock exchanges, under the recommendation of the Arab Central Banks Conference, held under the auspices of the General Secretariat of the League of Arab States in the Hashemite Kingdom of Jordan. The headquarters of the Arab Federation of Exchanges is located in Beirut, Lebanon.
To provide a regional and international reference to the Arab Financial Markets through:
The AFE is the Arab industry group for exchanges and Clearing houses (CSD’s), and financial institutions (brokerage firms) around the Arab regions (GCC, Levant and Arab African countries).
How can digital solutions help unifying KYC procedures between Arab markets? How can we create single investor ID that an investor can use to trade on different markets freely?
A different ID for each investor in each market
Digital KYC, document sharing and trading history sharing via AI and Blockchain
KYC regulations have to be revised thoroughly, in order to find a common ground for regulators to allow it.
Fintech Galaxy:
1 year free Stars membership on FinX22
Oracle:
Access to Oracle’s Unique Accelerator Program “Oracle for Startups” connecting promising startups with cloud resources and enterprise expertise: Free credits for Oracle Cloud, plus access to additional credits and other exclusive benefits.
Participants
39
Team size
2-5
Registration Start Date
Jul 16, 2020
Registration End Date
Aug 20, 2020
Shortlisting Date
Aug 27, 2020
Hackathon Start Date
Aug 31, 2020
Hackathon End Date
Sep 07, 2020
The Arab Federation of Exchanges was established in June 1978 to be the guiding body for the Arab stock exchanges, under the recommendation of the Arab Central Banks Conference, held under the auspices of the General Secretariat of the League of Arab States in the Hashemite Kingdom of Jordan. The headquarters of the Arab Federation of Exchanges is located in Beirut, Lebanon.
The AFE is the Arab industry group for exchanges and Clearing houses (CSD’s), and financial institutions (brokerage firms) around the Arab regions (GCC, Levant and Arab African countries).The Federation was set up to contribute to the “development of regulations and promoting harmonized and proactive legislations, and exchanging viewpoints and providing opportunities for cooperation among members”.