News
In the light of CMA strategy for developing the capital market, protecting the investors and reducing the non- commercial risks in the capital market. And due to the interest CMA has shown in following the international standards that governs the international capital market. And according to the efforts which have been exerted by CMA to strengthen the confidence of the traders in the stock exchange through raising awareness of the executive managers in the operating companies to abide by the rules of the corporate governance, the workshop for the companies operating in securities is to end today. The workshop is organized by CMA in cooperation with one of the projects of the technical support which is funded by the EU.
Throughout the last three days, the workshop has tackled some issues of great importance to the compliance officers, anti –money laundering officers and the executive managers, as:
1- An overview on the principles of the corporate governance 2-Setting a comparison between the international practices of applying the corporate governance and the rules of the corporate governance which have been laid down by CMA 3- The possibility of making an internal assessment for the companies, to know how these companies are abiding by the rules of the corporate governance, that is what so called score card 4-Identify the most important reports which are to be send to CMA, as one of the requirements of the corporate governance 5-Defining how the companies will start applying the rules of the corporate governance The end of the workshop will witness today a meeting with the board members of the brokerage companies. CMA will tackle some related issues as:
1-An overview on the principle of responsibility of the board members, as one of the principles of the corporate governance, and how to implement and abide by that principle 2-Tackling all the issues related to the practices of the broad members of the brokerage companies, this is in accordance with the international practices and the executive rules of the operating companies 3-This is in addition to the executive rules of these companies that will be a point of focus, these rules which are applicable to the non-listed companies.
Throughout the last three days, the workshop has tackled some issues of great importance to the compliance officers, anti –money laundering officers and the executive managers, as:
1- An overview on the principles of the corporate governance 2-Setting a comparison between the international practices of applying the corporate governance and the rules of the corporate governance which have been laid down by CMA 3- The possibility of making an internal assessment for the companies, to know how these companies are abiding by the rules of the corporate governance, that is what so called score card 4-Identify the most important reports which are to be send to CMA, as one of the requirements of the corporate governance 5-Defining how the companies will start applying the rules of the corporate governance The end of the workshop will witness today a meeting with the board members of the brokerage companies. CMA will tackle some related issues as:
1-An overview on the principle of responsibility of the board members, as one of the principles of the corporate governance, and how to implement and abide by that principle 2-Tackling all the issues related to the practices of the broad members of the brokerage companies, this is in accordance with the international practices and the executive rules of the operating companies 3-This is in addition to the executive rules of these companies that will be a point of focus, these rules which are applicable to the non-listed companies.