The Capital Markets Authority (CMA) is a semi autonomous body that was established in 1996, following the enactment of the Capital Markets Authority Act Cap 84. The Authority is responsible for promoting, developing and regulating the capital markets industry in Uganda, with the overall objectives of investor protection and market efficiency.
The line ministry for the Authority is the Ministry of Finance, Planning and Economic Development. CMA plays a significant role in regional and international cooperation and is a member of the East African Securities Regulatory Authorities (EASRA) and the International Organisation of Securities Commissions (IOSCO).
To establish Uganda's capital market as the most efficient and trusted center for attracting and providing capital in Africa
To foster a transparent, accessible and effective capital market in Uganda
- Integrity: We act ethically and work in the public interest, treating people fairly and honestly
- Teamwork: We support and promote collaboration among the CMA team and with external stakeholders
- Accountability: We strive to live up to the aspirations of our mission so as to deliver quality services and promote the best interest of our stakeholders
- Excellence: We strive to pursue and deliver the highest quality of service to our stakeholders
Our Legal Mandate/ Functions of the Authority
- To approve prospectuses and other offering documents under which securities are offered to the public and to approve information memorandum;
- To develop all aspects of the capital markets with particular emphasis on the removal of impediments to, and the creation of incentives for,long term investments in productive enterprise;
- To create, maintain and regulate, through implementation of a system in which the market participants are self-regulatory to the maximum practicable extent, of a market in which securities can be issued and traded in an orderly, fair and efficient manner;
- To cooperate with, provide information to, conduct any investigation or inquiry for, or otherwise assist any foreign regulatory authority in the performance of its duties;
- To implement regional and international standards and best practice in securities markets, securities regulation and supervision;
- To protect investor interests; and
- To operate the Investor Compensation Fund established by section 81.