The CMA Board seeks to implement the best corporate governance practices in performing its regulatory and supervisory functions, by focusing on sensitive issues which are non-routine and expanding communication and participation of related parties. The optimal achievement of applying the board governance model will achieve the following objectives:
- Ease and limit the Board’s routine work related to different functions.
- Give departments authorities to take routine decisions.
- Focus more on CMA's functions that are of high sensitivity or high importance such as identifying and dealing with internal and external risks, policy and strategy development.
- Overall supervision of CMA's activities and the assessment of its performance.
- Wider participation in international affairs; such as participating in committees and conferences organized by the International Organization of Securities Commissions (IOSCO).
- Increase communication with relevant government agencies and other stakeholders.
