The Palestine Capital Market Authority Became a Member of the IOSCO

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The Palestine Capital Market Authority Became a Member of the IOSCO

The Board of the International Organization of Securities Commission (IOSCO) has approved the Palestine Capital Market Authority (PCMA) membership on the 21st of  February 2014 in Kuala Lumpur, Malaysia.

The PCMA is now the 124th ordinary member of IOSCO and the 101st signatory to the Multilateral Memorandum of Understanding (MMoU).

This achievement will have positive consequences on the Palestinian securities sector as it increases investors’ confidence especially foreign and institutional investors in securities listed on the Palestine Exchange (PEX).

This membership serves as an international endorsement that PCMA regulates and monitors the Palestinian securities market in accordance with the IOSCO international standards and principles.

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