CMA

CMA Lebanon, or the Capital Markets Authority, is the regulatory body responsible for overseeing and supervising the capital markets in Lebanon. It is an independent public institution that was established in 2011 under the Capital Markets Law.

CMA History

CMA Lebanon was established in 2011 as part of a broader effort to reform the financial sector in Lebanon. The agency was created to provide a more unified approach to capital market regulation, and to enhance investor protection.

CMA Scope

CMA Lebanon has a broad scope of responsibility, with the main objective being the protection of investors and the promotion of a fair and transparent capital markets environment in Lebanon. The agency is responsible for regulating and supervising a range of capital market activities, including securities offerings, trading, and reporting.

CMA Supervision

One of the key functions of CMA Lebanon is to ensure the safety and stability of the capital markets in Lebanon. To achieve this, the agency has the power to supervise and regulate all entities operating in the capital markets, including issuers, intermediaries, and investment funds. CMA Lebanon monitors the financial health of these entities, assesses their risk management practices, and ensures that they comply with relevant regulations and laws.

CMA Capital Guarantee

CMA Lebanon does not offer a capital guarantee scheme for investors in the capital markets. However, it does require investment firms and intermediaries to maintain adequate capital buffers and to comply with strict risk management rules. This helps to protect investors from potential losses, and to ensure that the capital markets operate in a safe and stable manner.

CMA Organization Type:

CMA Lebanon is an independent public institution, and as such, it is funded by the Lebanese government. The agency is governed by a Board of Directors, which is appointed by the Council of Ministers. The Board is responsible for the overall direction and strategy of the agency, while the day-to-day management of the agency is handled by a Director General, who is appointed by the Board.