CMA redefines an executive director

According to new regulations, the Treasury CS, the CBK Governor and the AG are executive directors at the CMA. 

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The Capital Markets Authority (CMA) recently threw some regulatory teargas into the streets and left listed companies coughing and sneezing in confusion.

In October 2023, the regulator issued a new set of rules, namely Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023.

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Note: The results are not exact but very close to the actual.