What are the roles of capital market Authority?
The regulatory functions of the Authority as provided by the Act and the regulations include; Licensing and supervising all the capital market intermediaries; Ensuring compliance with the legal and regulatory framework by all market participants; Regulating public offers of securities, such as equities and bonds & the …
What are the objectives of CMA?
The Capital Markets Authority aims to: Regulate securities activities in a fair, transparent and efficient manner. Grow the capital markets, and diversify and develop investment instruments thereof in accordance with best international practice. Enhance investor protection.
What is a career in capital markets?
A career in the capital market involves helping companies raise funding by selling stock to investors. This can include responsibilities like facilitating communication and transactions between companies and investors and organizing deals that benefit both the company and the investor in each case.
How does Capital Markets Authority work?
The CMA is a regulating body charged with the prime responsibility of supervising, licensing and monitoring the activities of market intermediaries, including the stock exchange and the central depository and settlement system and all the other persons licensed under the Capital Markets Act.
What is the role of capital market in economic development?
Capital markets play an important role in the economic development of emerging capital markets. Well functioning markets insure that both corporations and investors get or receive fair prices for their securities. This ensures that valuable projects will be financed and negative value projects will be rejected.
Who does CMA aim to protect?
What does the CMA do? The CMA was brought about through the Enterprise and Regulatory Reform Act of 2013 and aims to prevent large companies from exploiting consumers with tactics such as inflated pricing.
How does CMA increase competition?
Opening up markets: The aim here is to encourage competition by removing or lowering barriers to entry. This might be achieved by forcing the dominant firm in the industry to allow others to use its infrastructure network.
Why do people work in capital markets?
Capital markets allow traders to buy and sell stocks and bonds, and enable businesses to raise financial capital to grow. Businesses also have reduced risk and expenses in acquiring financial capital because they have reliable markets where they can obtain funding.
Why is the Capital Markets Authority ( CMA ) important?
In order to protect investors, the CMA issues regulations aimed at improving the functioning of Capital Markets and the control of all licensed institutions and registered persons that deal with financial instruments in Lebanon. Develop implementing regulations that are in line with international best financial market practices.
What is the role of the capital market in the economy?
These investments provide regular income and growth to the investors. The capital market has an efficient role in capital formation in the economy. It fulfils and caters to the financial needs of different sectors of the economy by providing them with sufficient funds timely.
Who is the chairman of the CMA Board?
Established under Law no. 161 on the 17th of August, 2011, the Capital Markets Authority (CMA) became operational by virtue of the Council of Ministers’ decision dated 07/10/2012. > The CMA is an independent and autonomous regulatory body. > Its Board of Directors is chaired by the Governor of the Central Bank of Lebanon.
Which is a function of the secondary market?
The secondary market is known as the stock market or stock exchange. The securities which were previously traded in the primary market are traded in the secondary market. Investors bring and sell securities in the secondary market. Capital market plays a wide range of important functions for the betterment of the economy which is discussed below.