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AMEDA 15th Meeting25 – 27 April, 2012

Fez - Morocco

Mr. Mohamed Abdel Salam

Chairman & Managing Director

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Meeting Agenda

Members’ presentations & Developments (Qatar Exchange, MAROCLEAR and Tadawul))

Guests presentations (Thomas Murray, SWIFT, SGSS & others)

Covered Bonds, Development of CSDs on International Laws, Clearing, Settlement and Strategic Planning, CPSS-IOSCO Final Document.

Members Discussions ( Different Settlement Models and Management of Corporate Actions)

WFC, ISSA, Africlear, AMEDA legal Committee , SADC and ALF Report Back and Updates

AMEDA related issues.

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Reviewing Previous Meeting Decisions

Members approved previous meeting minutes.

Qatar Presentation will present at the next meeting

AMEDA Legal Working Committee’s members (Jordan, Saudi Arabia, Kenya, South Africa, Morocco and Nigeria) shall nominate each legal representative and notify the secretariat.

Members approved AMEDA Legal Working Committee terms of reference.

AMEDA will sponsor the CSD12 by a silver sponsorship which amounts $27000

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Reviewing Previous Meeting Decisions

The remaining balance of the CSD11 surplus around $73000 will be transferred to AMEDA account for supporting hosting future AMEDA meetings.

Members delegated Mr. Mohamed to reward the CSD11 organising team.

AMEDA next Meeting will be in Tanja (Fez) late March or early April and the meeting after will be in Kuwait early November after the Hajj Season.

AMEDA 2nd ALF will be in Kuwait early November.

Kuwait, Egypt, Nigeria and Bahrain will join South Africa in preparing AMEDA 2nd ALF.

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Reviewing Previous Meeting Decisions

Members approved the Loss of Membership article amendment.

According to new amendment, Israel and BVMAC are disqualified starting from this meeting.

Members approved ACS company application of joining AMEDA as an observer.

AMEDA Legal Committee will come up with a definition of associate members, their rights and obligations and it will be discussed at the next meeting.

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Thank You