CMA was established by the Law n┬░ 11/2011 of 18/05/2011.
The Authority is responsible for:
Implementing the Government policy on Capital Market;
Preparing draft policies on capital market;
Advising Government on policy relating to the capital market;
Promoting public awareness on the capital market and develop such market;
Elaborating action plans and conducting studies in order for CMA to achieve its mission;
Formulating principles and regulations for the capital market;
Making regulations governing capital market business in accordance with the Law regulating capital market in Rwanda;
Controlling and supervising all capital market activities with a view to maintain proper code of conduct and acceptable practices on the capital market;
Registering capital market business and related instruments provided for by the Law regulating capital market in Rwanda;
Issuing, suspending, and withdrawing licenses and approvals related to capital market business;
Seeking to achieve fairness, efficiency and transparency in the functioning of the capital market;
Protecting citizens and investors in capital market from unfair and unsound practices or practices involving fraud, deceit, cheating or manipulation;
Monitoring, supervising, and take actions with regard to the compliance with this Law and regulations thereto related as well as with the Law regulating capital market in Rwanda and regulations thereto related;
Co-operating and collaborating with other regulatory bodies in accordance with the provision of the Law regulating capital market in Rwanda;
Consulting concerned organs prior to making any decision to modify principles and regulations of the profession that may have impact on the functioning of the capital market;
Keeping adequately and timely records of decisions made in the accomplishment of CMA mission;
Accomplishing any other mission assigned by the Law regulating capital market in Rwanda.