The Palestine Capital Market Authority (PCMA) became a Member of The International Organization of Securities Commissions (IOSCO).
The Board of IOSCO approved the PCMA membership on 21 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.
