The Board of Directors of the Capital Markets Regulatory Authority approves the annual plan for the year 2022 AD and approves the number of 5 investment funds
Khartoum 12/21/2021
The Board of Directors of the Capital Markets Regulatory Authority approved the authority’s annual plan for the year 2022 AD, through which the authority seeks to complete its establishment towards achieving its strategic objectives in developing the financial markets in the country, and upgrading the quality of the issuers of securities and the providers of financial services.
The lists of penalties and violations and the Authority’s service fee guide were also approved, based on the Capital Markets Regulatory Authority Law of 2016, and 5 investment funds with a total capital of 75 billion Sudanese pounds were approved, in addition to approving the issuance of a transformational industries company and a financial intermediation company in support of the national economy. .
It is noteworthy that the Capital Markets Regulatory Authority is a supervisory and control body established under the authority’s law of 2016 AD, concerned with developing and promoting the national financial industry, by adopting best practices and international standards in the field of financial markets, in order to achieve fairness and competitiveness in the investment environment in Sudan, and reduce its risks.