Capital Market Authority Established

Thursday, 13 October 2005

The Establishment of the Capital Market Authority


August 2005, The CMA was established in accordance with article 2 of the Capital Market Authority law number 13 for the year 2004. Dr. Atef Alawneh was appointed as a CEO.


According to the above-mentioned law and the Securities law number 12 for the year 2004; The CMA is the sole entity with full legal jurisdiction to regulate non-banking financial institutions including the PSE.