The Moroccan Capital Market Authority (AMMC) and the French Financial Markets Authority (AMF) signed a cooperation agreement aimed at strengthening mutual assistance in capital markets during this week’s economic meetings in Rabat.
AMF President Marie-Anne Barbat-Layani and AMMC President Nezha Hayat signed the agreement, reflecting a mutual commitment to promoting initiatives that advance the countries’ respective markets.
In light of increasing responsibilities, both authorities aim to address common challenges, including financing the economy and navigating the dual energy and digital transitions, while also adapting to new online financial products and the growing influence of social media.
Collaboration by the regulatory agencies is intended to enhance mutual understanding of regulatory frameworks, exchange best practices, and protect investors while maintaining market integrity.
Hayat noted that the agreement strengthens long-standing ties between Morocco and France, by working to align the countries’ regulatory frameworks to meet the challenges posed by structural transformations and sustainability demands.
Barbat-Layani said the agreement creates a special relationship between the two countries, facilitating better regulatory understanding and promoting innovative finance that benefits economic growth and investor protection.
The AMMC oversees the Moroccan capital market, ensuring the protection of investments and promoting market transparency in Morocco. The independent AMF is dedicated to safeguarding investor interests and ensuring market functionality in France.