Union News

Issue No. 17 (April - Mai - June)

April - June 2017

Members News Details

QFMA signs MoU with its counterpart CMF, Tunisia

Qatar Financial Markets Authority “QFMA” signed a Memorandum of Understanding “MoU” with its counterpart Conseil du Marche Financier of Tunisia “CMF”. The signing came during the 11th annual meeting of the Board of the Union of Arab Securities Authorities “UASA”.

The MoU sets forth the Authorities' intent with regard to mutual assistance and the exchange of information for the purpose of enforcing and securing compliance with the respective laws and regulations of the jurisdictions of the Authorities. It also aims to promote investor protection and integrity of the securities markets by establishing communication channels, promoting mutual understanding and exchanging regulatory and technical information.

The MoU, signed by the CEO of the QFMA, focused on exchanging experiences, promoting and securing the fitness and properness of brokers, dealers and advisers in securities. It also focused on detecting market manipulation, insider trading and other deceptive and fraudulent practices concerning securities issuing and trading, the activities of listed companies, and taking all necessary measures and procedures to address those issues.