- ICMA concludes MoU with CMA, Sultanate of Oman
ICMA concludes MoU with CMA, Sultanate of Oman5 November 2015 ICMA has concluded a memorandum of understanding with the Capital Market Authority (CMA) of the Sultanate of Oman to enhance mutual cooperation and exchange of information relating to capital markets.
HE Sheikh Abdullah Salim Al Salmi, Executive President, signed for CMA. Martin Scheck, Chief Executive and Leland Goss, General Counsel signed for ICMA.
The MoU provides for exchange of information about the laws and regulations relating to regulation and supervision of capital markets and the practices of international and local capital markets, training and research.
The agreement will contribute to boosting and enhancing the legislative and regulatory infrastructure of the capital market whether relating to investment instruments, regulations or clearing and settlement systems and avail opportunities to benefit from the mechanisms of regulation of intermediaries and brokerage profession and other related matters to limit unsound practices.
For more information, click here.