Capital Markets Authority

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Capital Markets Authority is a semi autonomous body responsible for regulating the capital markets industry in Uganda. It approves the offers of all securities to the public, licences market professionals like broker/dealers, investment advisors and fund managers. It also licences stock exchanges and has so far issued a licence to one stock exchange; the Uganda Securities Exchange. Its overall objectives are market regulation and investor protection.

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[edit] CMA vision

To make Uganda's capital markets the center of choice for capital raising and investment in the region.

[edit] CMA mission

To regulate and promote a robust, transparent, fair and efficient capital market in Uganda.

[edit] CMA 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 the markets participants are self regulatory to the maximum practicable extent, and 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.

[edit] External links

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This article has been tagged since July 2007.