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Editorial

MOROCCO TO BECOME THE LEADING FINANCIAL PLACE IN AFRICA

January 2012 - Finance. Legal Developments by Lefèvre Pelletier & associés .

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The Kingdom of Morocco is supporting the ambition of becoming the leading financial place for Africa. In this context, a wave of draft laws is to be passed and implemented within the following months, amongst which, the Law No. 53.08, setting up a new financial authority, and the Law No. 54.08, reforming public offering rules, are of paramount importance to Moroccan and foreign issuers, and financial institutions.

I - Setting up an independent capital market authority

II - Strengthening the protection of investors and the integrity of capital markets


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