The Palestine Capital Market Authority Warns Against Dealing with Crowdfunding Platforms
The Palestine Capital Market Authority (PCMA) has warned the Palestinian public against dealing with electronic platforms or applications, individuals, companies, sponsored advertisements, or promotional campaigns related to dealing with crowdfunding platforms, due to the absence of a legal framework regulating their operations in Palestine. The PCMA clarified today, Tuesday, that it has not granted any […]
The Insurance Sector Has Overcome the Effects of Implementing IFRS 17.
The Palestine Capital Market Authority (PCMA) stated that the insurance sector has overcome the effects of implementing the International Financial Reporting Standard (IFRS) 17 on “Insurance Contracts”. In a press release issued today, Thursday, the PCMA affirmed that it has directed insurance companies since the issuance of the International Standard or Financial Reporting No. 17 […]
The Palestine Capital Market Authority Launches the Financial Literacy Course for Palestinian University Students.
The Palestine Capital Market Authority (PCMA), in partnership with the German Agency for International Cooperation (GIZ), launched today, Tuesday, a university course titled “Financial Literacy” in the presence of the Chairman of the Board of Directors of the PCMA, Ammar Aker, and its General Director, Barraq Al-Nabulsi. Representatives from the PCMA, course instructors, and representatives […]
The Palestine Capital Market Authority’s Call for Prompt Reporting of Any Violations: We Do Not Have Entities Licensed to Engage in Foreign Exchange (Forex) Activities.
The Palestine Capital Market Authority (PCMA) issued a warning to the Palestinian public against engaging with electronic platforms, applications, individuals, companies, sponsored advertisements, or promotional campaigns related to trading in foreign global stock markets (Forex). The PCMA reiterated in a statement that it has not granted any company, individual, or platform a license to engage […]
The Palestine Capital Market Authority Has Published a Regulation on Dealing with Foreign Stock Markets.
Today, Tuesday, the Palestine Capital Market Authority (PCMA) published a regulation governing the operations of financial securities companies with foreign stock markets. This regulation was approved by the Palestinian Cabinet to regulate and control transactions, reduce risks, and consequently contribute to the stability of the non-banking financial securities sector in Palestine. The regulation was […]
For the Sixth Consecutive Year, the Palestine Capital Market Authority Launches the World Investor Week 2023.
As part of its diligent efforts and continuous endeavor to enhance non-banking financial sectors, the Palestine Capital Market Authority (PCMA), in partnership with the Palestine Exchange, launches the World Investor Week 2023, which will take place from October 2nd to 8th of the current year. The participation of the PCMA, representing the State of […]
Ammar Aker Begins His Tenure as Chairman of the Board of Directors of the Palestine Capital Market Authority
The Palestine Capital Market Authority welcomed today, Sunday, the new Chairman of its Board of Directors, Mr. Ammar Aker, who began his work today, succeeding Dr. Nabil Kassis. Aker said: “Our primary mission is to build on the achievements of the Palestine Capital Market Authority over the past years, and to move forward in implementing […]
The Capital Market Authority Issues Regulatory Instructions for the Securities Sector.
Following the establishment of the requisite legal framework by virtue of the Companies Law No. (42) of 2021 concerning companies, the Board of Directors of the Capital Market Authority has issued Instructions No. (2) of 2023 pertaining to the Buyback and Disposition of Company Shares, and Instructions No. (3) of 2023 pertaining to the Conversion […]
The Capital Market Authority Cites Violations Against Several Companies Listed on the Palestine Exchange.
The Capital Market Authority has cited violations against several companies listed on the Palestine Exchange, in accordance with the provisions of the Securities Law No. (12) of 2004 and the current disclosure regulations of the Palestine Exchange. You can access the list of violations through the following link: Securities Violations – Capital Market Authority (pcma.ps)
The Capital Market Authority has Approved the Licensing of Brokerage and Insurance Companies.
The Board of Directors of the Capital Market Authority, in its session held on August 16, 2023, approved the licensing of two brokerage companies and a Takaful insurance company. The approval was granted to CFI Financial Group and Windsor Brokers, based on the provisions of Article (7) of the Capital Market Authority Law No. (13) […]