Projet d’appui au renforcement de la supervision et du contrôle des marchés financiers (PARSCMF)


Project Summary

Approval Date 13 Dec 2010
Signature Date 17 Mar 2011
Planned Completion Date 31 Dec 2015
Last Disbursement Planned Date 31 Dec 2015
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 480,350
Status Completion

Project General Description

The present intervention focuses on the support project for strengthening supervision and control of financial markets (PARSCMF). It's designed by the Kingdom of Morocco with the support of the African Development Bank Group. The project comprises two components, namely: (i) information governance within the Moroccan securities regulator (Conseil Déontologique des Valeurs Mobilières (CDVM)) consisting in understanding the existing information and then defining an Information Management policy based on an analysis of the existing; (ii) the automation of information management and control consisting in the implementation of the financial markets information management strategy defined in the first part.

Project Objectives

The project comprises the following main objectives: a) strengthening of the control and monitoring system for financial information; b) the improvement of the quality of the services of the CDVM to all stakeholders in the capital markets; and c) support for developments in the financial center and the diversification of financial instruments.

Beneficiaries

The project directly benefits the Moroccan securities regulator (Conseil Déontologique des Valeurs Mobilières (CDVM)) and the entire financial system of the country. In addition, the final beneficiaries of the project are the Moroccan populations.

Participating Organization

Funding
Middle Income Countries Fund
Implementing
Moroccan securities regulator (Conseil Déontologique des Valeurs Mobilières (CDVM))

Information

IATI identifier 46002-P-MA-HZ0-007
Last Update 31 Oct 2019

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Contact Details

Name DIARRA Emmanuel
Email e.diarra@afdb.org

Geographic Location

Country Morocco