Capital Markets Authority of Uganda
Agency overview | |
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Formed | 1996 |
Jurisdiction | Uganda |
Headquarters | Kampala, Uganda |
Employees | 22 (2014)[1] |
Agency executives |
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Website | www |
The Capital Markets Authority of Uganda (CMA) is a semi-autonomous government body responsible for the financial regulation of the capital markets industry in Uganda.
Overview[]
The CMA approves the offers of all securities to the public and licenses market professionals like broker-dealers, investment advisers, and fund managers. It licenses stock exchanges but has so far issued a licence only to the Uganda Securities Exchange. Its overall objectives are market regulation and investor protection.[4]
Mandate[]
- The development of all aspects of the capital markets with particular emphasis on the removal of impediments to, and the creation of incentives, for longer term investments in productive enterprises.
- The creation, maintenance, and regulation, through implementation of a system in which market participants are self-regulatory to the maximum practicable extent, of a market in which securities can be issued and traded in an orderly, fair, and efficient manner.
- The protection of investor interests.
- The operation of an Investor Compensation Fund.
- The licensing of brokers and other financial industry professionals.
See also[]
- Ministry of Finance, Planning and Economic Development (Uganda)
- Uganda Investment Authority
- Economy of Uganda
References[]
- ^ CMA (2014). "Capital Markets Authority Team". Capital Markets Authority (CMA). Archived from the original on 5 June 2014. Retrieved 6 July 2014.
- ^ Ligami, Christabel (6 November 2013). "CMA Uganda Appoints New Chief Executive Officer". The EastAfrican. Retrieved 6 July 2014.
- ^ Kulabako, Faridah (7 November 2013). "Kalyegira Is New Capital Markets Chief Executive". Daily Monitor. Retrieved 6 July 2014.
- ^ Oketch, Martin Luther (31 December 2011). "Harsh Economy Hurts Capital Markets". Daily Monitor Mobile. Retrieved 6 July 2014.
External links[]
Categories:
- Financial regulatory authorities
- Finance in Uganda
- Regulatory agencies of Uganda
- Kampala District