What is the Capital Market Authority (CMA) of Lebanon? Capital Market Authority (CMA) of Lebanon Review, Features

What is the Capital Market Authority (CMA) of Lebanon? Capital Market Authority (CMA) of Lebanon Review, Features

The Capital Markets Authority (CMA) of Lebanon is an independent, autonomous regulatory body that regulates, supervises, licenses and monitors activities in the Lebanese capital markets.

About the Capital Market Authority (CMA) of Lebanon

The CMA has two main objectives that underline its strategic mission and vision:

(i) promote and develop the Lebanese capital market;

(II) Protect investors from fraudulent activities by issuing regulations that are consistent with international best practices and by providing adequate controls and audits of all institutions engaging in financial transactions.

Build confidence in the Lebanese capital market by strengthening its integrity and maintaining its attractiveness to investors, and develop the local market to better serve the national economy.

Task

The CMA shall ensure the protection of savings invested in financial instruments, encourage the capital markets in Lebanon and coordinate between the various relevant authorities. To this end, the CMA shall perform all its functions and activities, including but not limited to.

1. Reduce systemic risks in the capital market;

2. Protect investors by providing a fair and transparent investment environment;

3. To facilitate investors’ access to necessary information by organizing and defining a framework and formulating professional actions.

Organizational Structure

The management of the Capital Market Authority is entrusted to a seven-member Board of Directors, chaired by the Governor of the Central Bank of Lebanon. The Board consists of three full-time Executive Directors, who are experts in capital markets, banking and financial matters, and three part-time members, who represent the ministries and other departments directly involved in the work of the Capital Market Authority: the Director of the Ministry of Finance, the Director of the Ministry of Economy and Trade, and the Chairman of the Banking Regulatory Committee.

<<:  What is Central Bank of Bahrain (CBB)? Central Bank of Bahrain (CBB) Review, Features

>>:  What is SWIFT? SWIFT Review, Features

Recommend

Toys R Us acquired, plans to reopen in the US

Brand management company WHP Global announced Mon...

What is Gypsy Mens? Gypsy Mens Review, Features

Gypsy Mens is a website that specializes in selli...

What is FloQast? FloQast Review, Features

FloQast provides month-end closing software for a...

What is allerair? allerair Review, Features

Allerair was founded in 1996 and is a professional...

What is Mirror? Mirror Review, Features

Founded in November 2016 and headquartered in New...

What is GearBubble? GearBubble Review, Features

GearBubble is an all-in-one e-commerce platform fo...

What is thespicehouse? thespicehouse Review, Features

Established in 1957, TheSpiceHouse is a provider o...

What is pierrebuy? pierrebuy Review, Features

pierrebuy is a technology-driven cross-border e-co...

What is Amazon Advertising? Amazon Advertising Review, Features

Amazon advertising, also known as "keyword a...

What is Wuyoubao? Wuyoubao Review, Features

51Insurance is a new type of Internet insurance in...