The Head of Government receives the President of the Moroccan Capital Market Authority

Rabat

The Head of Government, Mr. Aziz Akhannouch received, Thursday, December 7 in Rabat, Ms. Nezha Hayat, President of the Moroccan Capital Market Authority for the presentation of the Authority’s annual report for the year 2022.

This annual report reviews the main events which marked the capital market in 2022, the quantitative developments during this period, as well as the stability of transactions within the market.

It also highlights the achievements of the Moroccan Capital Market Authority in 2022, as part of its strategic plan which extends from 2021 to 2023, through a series of measures aimed at energizing the markets, providing a alternative market for small and medium-sized enterprises and to develop the capital market so that it contributes more to the financing of the national economy.

During this meeting with the Head of Government, Mrs. Nezha Hayat reaffirmed the Authority’s commitment to the development of the capital market through the introduction of new financial instruments such as collaborative financing “crowdfunding” and certificates of sukuk whose implementing texts have been published and which have been the subject of a first issue of bonds by a local authority in Morocco.

Also, the President of the AMMC recalled that the Authority integrates innovation and digital transformation as market development levers while ensuring the protection of savings invested in financial instruments and ensuring transparency and integrity of the capital market.

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