صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس
Companies listed on the Algerian Stock Exchange are on a date with a new system that stock exchange operations in Algeria are working on with the aim of modernizing companies’ financial disclosure mechanisms.
Youssef Bouznada, Chairman of the Committee, stated that, within the framework of the Committee’s ongoing goal to align the financial market with the best international standards and practices, the financial disclosure mechanisms for companies listed on the stock exchange will be updated to change the system in place since the year 2000.
Consultations were also launched with various stakeholders by the committee, in order to update the system and ensure its compliance with modern requirements in the field of transparency. The new system is expected to be completed during next October, according to what was reported by the Algerian News Agency.
The committee also issued the new regulatory framework that governs the activity of collective recruitment agencies with risk capital, before issuing its implementing texts on June 25.
Bouznada concluded that collective risk capital recruitment agencies, in their form as employment funds or investment companies, represent an advanced financing mechanism that allows savings to be provided and directed directly towards emerging and small enterprises and innovative projects, while establishing the principle of sharing risks and returns between investors and entrepreneurs.
