The Board of Directors of the Capital Market Authority held its fourth meeting for  this year on Sunday 22 December 2013. The meeting was chaired by HE Yahya Said Al Jabri, Chairman of the Board of Directors of Daqum Special Economic Zone and Chairman of the Board of Directors of the Capital Market Authority.

The meeting discussed a number of  issues pertaining to the regulation of the capital market and insurance sector.

The meeting reviewed the latest developments in the strategies of CMA and approved constitution of a fund to help the injured in traffic accidents.

The meeting also discussed a report on separating of investment banking from commercial banking and independence of investment banking divisions.

The meeting approved the projections of the budgets of CMA and MSM and reviewed a report on the performance of public joint stock companies until the end of the third quarter of 2013 as well as a report on the performance and the activity of MSM and Muscat Clearance and Depository Company during the past period.