Center for Stock Exchange Market Studies: Sowing Knowledge about the Capital Market
Throughout 2017, the Stock Exchange Study Center of the BVL (BURSEN) opted for a new internal and commercial strategy by implementing new teaching methods and duplicating the number of courses offered in the curriculum. December closed the year with 1,312 physically attended courses, 34 remote courses, and 80 on-line courses. In all these modalities, a total of 1,426 people were trained.
As from September, the first experience in the “remote” modality took place through the Stock Exchange Fundamentals program. Subsequently, using the same method, the Corporate Governance Principles course was carried out,
on the Cisco Webex platform. The advantage of teaching courses under this method is that it enables students to participate in classes on real time from their home or office, requiring only access to the internet; thanks to this, BURSEN has been able to reach students located in the provinces (Arequipa, Cusco, Ica and Lima).
Another target was the development of on-line courses. The first such course focused on the stock market – entitled Investing in the Stock Market – was available since October; and 80 licenses were sold up to the end of the year. The course allows for anyone interested in the stock market to know the basics in four lessons, which can be developed from a PC, laptop, tablet or other device which can gain access to internet.
The “tailored-made” programs were also part of BURSEN’s new strategy. They were prepared in line with the training needs of the companies. Thanks to this strategy, programs for ESSALUD, SUNAT,
Prima AFP, Caja Metropolitana and ABAV (Bolivian Association of Agents in Securities) were successfully completed.
In June 2017, BURSEN renewed its web platform, focusing on providing a good experience for users.
In 2017, for the first time, BURSEN was responsible for the Ninth Annual Forum on Prevention of Money Laundering and Terrorism Financing in the Stock Market. The forum was held on November 16 and 17, gathering prominent speakers who discussed policies, regulations and mechanisms to fight this type of crime. Rosa Borjas, a LAFT Specialist Consultant, addressed the topic of customer profiling for risk management of the LAFT; Carlos Caro, from Caro & Asociados, spoke about the administrative responsibility of companies in corruption offenses; Katia Lung,
Chief Compliance Officer of the Intercorp Group, spoke on the prevention of money laundering and terrorism financing (PLAFT) in the securities market. Dr. Jorge Melo, Director of CAVALI; Rafael Carranza, Independent Director of the BVL; Víctor Sánchez, CAVALI General Manager; Francis Stenning, General Manager of Bolsa de Valores de Lima, and José Manuel Peschiera, Securities Market Superintendent (who closed the event), were prominent participants.
As is the case every year, BURSEN cooperated with the school student competitions managed by Universidad del Pacífico and Universidad de Lima, in their role of providing knowledge through the necessary platforms for the training of the more than 1,300 school students who participated in both contests. In addition, the first edition of the Investing in the Capital Market contest organized by BURSEN and Pontificia Universidad Católica del Peru (PUCP), was held from its General Studies School.
This experience was rather enriching, since the participants used a BVL Stock Exchange Simulator to obtain the best return for three weeks. In total, 25 groups competed, for a total of 125 participants. As usual in all competitions which the company cooperates with or promotes, the winners were photographed on the Official Balcony of Bolsa de Valores de Lima and even some of them managed to perform the traditional Bell Ringing.