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MOROCCO TO BECOME THE LEADING FINANCIAL PLACE IN AFRICA
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
For more information www.lpalaw.com