Capital Markets Authority of Uganda

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Capital Markets Authority of Uganda
Agency overview
Formed1996 (1996)
JurisdictionUganda
HeadquartersKampala, Uganda
Employees22 (2014)[1]
Agency executives
Websitewww.cmauganda.co.ug

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[edit]

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[edit]

  • 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[edit]

References[edit]

  1. ^ CMA (2014). "Capital Markets Authority Team". Capital Markets Authority (CMA). Archived from the original on 5 June 2014. Retrieved 6 July 2014.
  2. ^ Ligami, Christabel (6 November 2013). "CMA Uganda Appoints New Chief Executive Officer". The EastAfrican. Retrieved 6 July 2014.
  3. ^ Kulabako, Faridah (7 November 2013). "Kalyegira Is New Capital Markets Chief Executive". Daily Monitor. Retrieved 6 July 2014.
  4. ^ Oketch, Martin Luther (31 December 2011). "Harsh Economy Hurts Capital Markets". Daily Monitor Mobile. Retrieved 6 July 2014.

External links[edit]