Regulatory Alerts2024-09-19
Statement On Misleading Social Media Articles
The Capital Markets Authority (CMA) issued this statement to refute false and misleading social media articles alleging misconduct by its Chief Executive Officer. The regulator clarified that the purported open letter never reached senior management and confirmed that all policies, including salary structures and procurement, comply with national laws and Board approvals. The CMA urges the public to disregard these inaccurate claims and reaffirms its commitment to transparency and effective governance.
Share