At the Ethiopian Capital Markets Authority (ECMA), market supervision is at the core of our mandate. We are committed to ensuring that Ethiopia’s capital markets operate with the highest standards of integrity, transparency, and fairness.
Our supervisory framework is designed to protect investors, reduce systemic risk, and ensure the existence of a fair, efficient and transparent capital market that promotes economic growth.
As the regulatory body for Ethiopia’s capital markets, we are responsible for the regulation and supervision of securities exchanges, central securities depositories, and all capital market service providers.
We leverage modern technologies to enhance our supervisory capabilities, enabling us to respond swiftly and effectively to emerging challenges in the Ethiopian capital markets.
Through our robust supervisory practices, we aim to create a secure and trustworthy environment for all participants. Whether you are an investor, issuer, or capital market service provider, you can count on our oversight to ensure fairness, transparency, and integrity in the marketplace.
Capital markets development is a key component of the Government of Ethiopia’s
(GoE) Home-Grown Economic Reform Program and the 10-Year Development Plan
(2021- 2031). In line with this commitment, the Capital Markets Proclamation (No.
1248/2021) was adopted by the House of Peoples’ Representatives in June 2021, which
included the establishment of the Ethiopian Capital Market Authority (ECMA).
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