Governance in Equity Markets (GEM) Service is a specialized service targeted to help stock exchanges in emerging market countries:

• Improve their corporate governance listing requirements
• Increase investor confidence in listed companies
• Attract a larger number of issuers

IIF's GEM Service is designed to examine and strengthen the equity market structure of a country. GEM assesses the quality of oversight provided by the Capital Market Regulator in a country. It also assess the capability of the Stock Exchange to ensure compliance with listing requirements by examining the enforcement and surveillance capabilities as they relate to compliance with corporate governance requirements for listed companies. GEM also assists stock exchanges in strengthening their corporate governance related listing requirements by comparing them with best practices developed by the IIF.
Our GEM service contributes to improving financial market depth, performance and stability by:

• Offering valuable guidance in bringing stock exchange's corporate governance listing requirements in line with best-practice stock exchanges throughout the world, which helps strengthen minority shareholder rights
• Raising stock exchange's profile among global investors, which helps increase foreign capital flow into the country
• Giving stock exchange a competitive edge in attracting new investment flows, which helps attract new issuers