Financial Markets Regulatory Authority (FMA)
A government authority that was established under the Law of Financial Markets Regulatory Authority 2016. The FMA is a financial and administrative independence and reporting directly to the Prime Minister. FMA develops and promotes the Sudan financial industry, by adopting the best practices and international standards with regard to the financial markets domain, in order to develop and implement the regulatory frameworks and supervisory controls for all financial institutions, towards creating a fair, reliable and competitive investment environment that mitigates risks and protects investors to attract domestic and foreign capitals in accordance with the sustainable development in Sudan.
Vision:
Fair Environment for Sustainable Investment.
Mission:
Developing and promoting the national financial industry, by adopting the best practices and international standards in regulating, controlling and supervising financial markets.
Strategic objectives:
- Regulating Sudan’s financial sector, and integrating it with the other public sectors, to enhance and promote the role of financial markets in the sustainable economic development.
- Developing the Sudan’s financial markets, and introducing advanced financial services, and more innovative financial instruments to stimulate the national economic growth.
- Promoting investment culture and raising awareness of the financial markets towards financial inclusion in Sudan.
- Creating an attractive investment environment characterized by justice, transparency and integrity towards an international financial hub.
values and principles:
- Justice: integrity, honesty, commitment to institutional principles and the rule of law.
- Innovation: Creativity, excellence, and professionalism in developing the services and products of the financial sector in the country.
- Cooperation: partnership, openness and diversity to build a comprehensive investment community.