- 21 January 2009
- 06 November 2008
The phosphate and by-products sales secured the lion’s share of these record figures as they raked 43.5 billion dirham, or 35.4 percent of Moroccan exports, said the Moroccan currency office.
- 06 August 2008
With the different structural projects it has launched, hand in hand with a strategy of getting closer to and progressively taking on board the best international norms and standards, the CDVM (= Conseil Déontologique des Valeurs Mobilières = Committee for a Code of Ethics on Transferable Values) has gone along with the development of the market while bringing together at the same time secure conditions to protect personal savings invested on financial markets.
In this way and in conformity with its mission to control, the watchdog has kept a weather-eye on the regulation of insider trading and other morally suspect stock exchange transactions.
During the year 2007, the CDVM has followed through at close quarters the evolution of 44 separate values. The transactions placed under close surveillance have been so for three main reasons, namely: subsequent to the detection of suspect behaviour (45.5%) through on-line surveillance, or as an accompaniment to certain financial operations (25%) and, last but not least, as a reaction to an article in the press (15.9%). Pursuant to the analysis of the transactions, brought to light by this watchdog of the market-place, dossiers are either filed, or sent on for closer inspection to the service that deals with enquiries and sanctions.