Regulation Compliance and Enforcement
The Capital Markets Development Authority (CMDA) has the overall responsibility of regulating Fiji’s Capital markets and enforcing legal requirements of the Unit Trust Act (1978), the CMDA Act (1986) and its accompanying Regulations and Rules (1997). Regulation aims to ensure that the market operates fairly, transparently and efficiently if investors are to have confidence in them.
In its regulatory role, the CMDA licenses intermediaries, conducts inspections to ensure that licensees are complying with the terms of their licenses, investigates complaints and makes inquires into potential breaches of the CMDA Act (1996). It also conducts market surveillance of trading activities and ensures that disclosure requirements relating to issues of securities are complied with.
Acts, Rules & Regulations
Requirements for Offering Securities