About the FMC
The Financial Monitoring Commission (FMC) is a supreme governmental authority established to regulate and supervise financial and investment activities at both national and international levels. Our mission is to enhance financial integrity, protect investors, and ensure compliance of financial entities with global regulatory standards.
FMC promotes a transparent, stable, and sustainable financial environment that fosters trust and accountability in modern investment systems.
Internal Regulation of the FMC
Chapter I – General Provisions
- FMC is established as an independent governmental authority.
- The Commission enjoys full legal personality and administrative and financial autonomy.
- FMC operates in accordance with international laws governing financial regulation and the prevention of financial crimes.
Chapter II – Objectives & Competencies
- Regulate and supervise financial and investment activities, including digital markets and international investment firms.
- Issue licenses and authorizations in compliance with international standards.
- Protect investors’ rights and ensure adherence to sound financial practices.
- Oversee AML (anti–money laundering) and CTF (counter–terrorism financing) efforts.
- Cooperate with international financial authorities for information and expertise exchange.
Chapter III – Administrative Structure
- Board of Directors: supreme body responsible for strategic policymaking.
- General Secretariat: executes decisions and coordinates specialized departments.
- Departments: Supervision, Licensing, Legal Affairs, FinTech, International Relations, Administration.
- The Chairman is appointed by governmental decree and serves as the legal representative.
Chapter IV – Powers & Authorities
- Issue financial and regulatory directives and circulars.
- Impose administrative and monetary penalties on violators.
- Approve and publish annual reports on oversight activities.
- Represent the Commission before courts and international entities.
- Issue periodic statements and compliance bulletins.
Chapter V – Financial Resources
- State budget allocations.
- Administrative fees and penalties.
- International grants and assistance in accordance with the law.
- All revenues are deposited into official accounts registered to the Commission.
Chapter VI – Transparency & Accountability
- Commitment to transparency, disclosure, and public accountability.
- Operations subject to annual legal and financial audits.
- Annual report published with achievements and oversight metrics.
Chapter VII – Final Provisions
- This regulation comes into force upon publication in the official gazette.
- The Board may amend or introduce new articles in line with international developments.
- Any provisions contrary to this regulation are hereby repealed.
For Investors & Traders
Use the FMC’s external dispute resolution service free of charge if your broker is a member.
File a ComplaintFor Financial Entities
Join FMC to demonstrate compliance with international standards and strengthen investor confidence.