THE third edition of the World Capital Markets Symposium (WCMS), which will kick off here tomorrow, is set to be the biggest, and possibly grandest, in the event's history.
This year's symposium has attracted an overwhelming 700 delegates from 40 countries to share insights, discuss opportunities and explore solutions to pressing economic challenges, said a Securities Commission (SC) spokesman.
WCMS has attracted more than 1,000 senior delegates from over 30 countries since its debut in 2009.
It is designed to best elucidate contemporary, critical aspects and issues facing the global financial system and capital markets, the spokesman said.
"Each year, the prime minister will deliver the keynote address to a select audience of international and regional delegates comprising influential business leaders, policymakers, opinion leaders and leading market participants from Asean, the Asia Pacific, the Gulf region and beyond," the spokesman added.
This year's WCMS is even more meaningful as it is held in conjunction with the SC's 20th anniversary celebration.
The commission was set up in 1993 to develop and regulate the Malaysian capital market, which is recognised today as an advanced emerging market.
The local equity market is worth RM1.6 trillion, complemented by a RM1 trillion bond market.
Meanwhile, assets under ma-nagement have been growing more than 19 per cent a year and today stands at about RM550 billion.
The Islamic capital market, another critical component of the country's capital market, has tripled since 2000 to RM1.5 trillion, bolstered by the sukuk.
Malaysia is the world's largest sukuk market and Asia's third largest bond market.