By OBSERVERS TIMES .
In a concerted effort to bolster the resilience of financial markets amid escalating global disruptions, key stakeholders from both public and private sectors have emphasized the urgent need for deeper collaboration and shared strategic goals.
The call came at the Annual International Conference of the Africa and Middle East Depositories Association (AMEDA), where financial experts highlighted interoperability, collective action, and transparent governance as critical to safeguarding market stability.
During a panel discussion themed “Resilience in Financial Markets: Preparing for Global Disruption,” Dr. Okey Umeano, Acting Director of the Financial Markets Department at the Central Bank of Nigeria (CBN), stressed that aligning the objectives of regulators and market participants is essential to building durable financial systems.
“The first step is agreeing on shared objectives between the public and private sectors. We must set aside purely commercial interests and work together towards broader economic goals such as financial inclusion and market security,” Umeano said.
He further advocated for flexible governance frameworks and open communication channels to foster transparency between regulators and market operators.
Highlighting the benefits of interoperability—the sharing of infrastructure and systems across institutions
