Licensing and Registration Regulation

This regulation aims to regulate the conduct of trading in the securities markets and set out the details of the prohibitions on insider trading and the prohibitions on market manipulation. The regulation also aims to cover the obligations of approved institutions when trading in the markets, as principal, and for clients. It also establishes the categories of Registered functions required to carry on securities business in Lebanon, and establishes the categories of registration required by Persons to carry out designated functions and activities on behalf of an approved institution. It also identify exemptions for performing regulated functions and provides the required applications for approval by CMA

Business Conduct Regulation

This regulation aims to establish the rules and code of conduct that an approved institution must comply with in carrying out securities business and dealing with clients. It also defines the policies and procedures, systems and controls that an approved institution must establish and implement. The regulation also sets out the rules on how to handle client money and client assets.