Regulatory Alerts2022-06-06
The Basic System of The Libyan Stock Market (December 10, 2006)
The General People's Committee of the Great Socialist People's Libyan Arab Jamahiriya issued Decision No. 134 of 2006 to establish the Libyan Stock Market as a joint-stock company under the supervision of the General People's Committee for Economy, Trade, and Investment. The regulation defines the market's capital, organizational structure, and core functions, including facilitating investment, supervising trading, and promoting economic development through the issuance and trading of securities. It establishes strict operational rules, membership criteria, and oversight mechanisms to ensure market integrity, transparency, and the protection of investors.
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