Suspend the Strike of Capital Market Entities Employees
11-Jul-2011
Capital market entities employees Representing Committee decided to suspend the strike of capital market entities employees that started since the decision to Restructure the Salaries of Independent Entities was announced & decided to pursue all relevant activities concerning this issue.
The Committee took its decision based on the following factors:
Upon its last fruitful meeting with His Excellency Deputy of the Prime Minister, Minister of Parliamentary Affairs Mr. Tawfiq Krishan. The meeting was culminated by His Excellency understanding of the Committee case, the vital role played by capital market entities & the need to protect the rights of highly qualified staff in these entities.
Mr Krishan understood as well, the peculiarity of capital market entities nature of work, their professionalism & supervisory roles, as a pillar to protect & enhance surveillance to gain the trust of investors in the national economy.
Upon its last week meetings with His Excellency Minister of Public Sector Development Dr. Mohammad Edinate & Chairman of the Civil Service Bureau Dr. Haytham Hijjazi. Both of which showed their understanding & concern with the Committee requests to protect their entities & preserve the rights of their staff.
Capital market entities professionalism & their international ranking that we are highly proud of.
The Committee emphasized & clarified during its meetings with concerned people the vital supervisory & regulatory roles played by capital market entities. Roles that are in conformity with the International Organization of Securities Commissions (IOSCO) accredited international principles & standards, other international entities & the Securities Law. All of which ensure the principle of independence of these entities to supervise on the market to enhance these entities professional performance & investors trust in the capital market & in general the national economy.
The Committee highly appreciates its fruitful meetings with Excellencies Chairmen of the Deputies & Senators Councils Mr. Faisal Al-Fayez & Mr. Taher Al-Masri, respectively, their Excellencies Chairmen of the Financial & Administrative Committees Mr. Ayman Al-Majali & Mr. Marzouq Al-Da’jeh, respectively & all of the Deputies & Senators, Press Association & institutions of the Civil Society. The Committee is in gratitude for their support & understanding of our case & the peculiarity of the nature of work of capital market institutions.
All people working in capital market institutions are proud by His Majesty King Abdullah II bin Al-Hussein leadership. They pray to Almighty God to protect our King & our country. We promise His Majesty to be loyal & sincere & to work tirelessly to build a prosperous Jordan under His Majesty’s leadership.
Capital market entities employees Representing Committee: Jordan Securities Commission (JSC), Amman Stock Exchange (ASE) & Securities Depository Center (SDC).