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  • Awareness
    • Suggestions
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    • National Project
    • Events
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    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
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    • Digital Financial Advisory
    • Initial Implementation Phase
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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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1-4-1 Of Module Four: Securities Exchanges and Clearing Agencies
Section: Chapter One: Exchanges
  • Thursday, 02 February 2017

    The Exchange shall abide by the following obligations: 1. Set policies and procedures to ensure the fairness, transparency and efficiency in trading in listed Securities. 2. Ensure that management maintains proper awareness of the risks associated with its business and operations. 3. Set policies and procedures to determine and manage any conflicts of interest between the Exchange and its members or among shareholders or management. 4. Provide and operate its services in accordance with applicable laws and regulations. 5. Organize its operations, standards of practice and its members’ behaviour in accordance with the rules, policies and procedures of the Exchange. 6. Set preventive measures to ensure the sound management of the technical operation of its systems, including the establishment of effective contingency arrangements to cope with the risks of system disruptions. 7. Provide its services in accordance with the most advanced techniques and applications and automated systems in line with the international standards approved and set by the Authority. 8. Maintain sufficient financial resources to facilitate the performance of its business in a regulated form. 9. Maintain the confidentiality of all information under its custody with respect to its members, Issuers and clients. It is not permissible to disclose such information except to the Authority, or by its order or by a judicial order. It shall set policies and procedures to protect the information systems. 10. Follow the Authority’s instructions

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