Task Force on Precious Metals
 
Agenda The task force is expected to submit a report to the Forum until August 2016 which will then be approved by our members and submitted to the 32nd session of the COMCEC.
   
Context

The related decision taken at the 9th Meeting of the OIC Member States' Stock Exchanges Forum:

The Task Force will work on steps to be taken to integrate the gold markets among member states by removing barriers and aligning regulations to harmonize the precious metals trading ecosystems concerning trading and post-trade services. To this end, the task force is expected to determine the technical and regulatory infrastructure requirements and formulate the most effective trading model among the OIC Member States.

The related decision taken at the 31st COMCEC Session:

COMCEC requests OIC Member States' Stock Exchanges Forum to accelerate the process of integration of exchanges and harmonization of regulatory frameworks with a view to establishing a gold exchange among the OIC Member Countries and submit a report on this issue to the 32nd Session of the COMCEC.
   
 Participants Borsa İstanbul, Turkey, Mr. Mahsut Demiroğlu, mahsut.demiroglu@borsaistanbul.com
Bursa Malaysia Berhad, Malaysia, Mr. Jamaluddin Nor Mohamad, jamaluddin@bursamalaysia.com
  Dubai Gold & Commodities Exchange, UAE, Mr. Sanjeev Vohra, sanjeev.vohra@dgcx.ae
   
Current Status The Task Force is in progress towards achieving its goals.
   
Available Documents Gold Market Initiative for the OIC Member States
Technical Report on Gold Market Initiative