10 14 16 20 22 25 28 36 37 38 39 40 41 42 46 48 Snapshot: Morocco in figures COUNTRY PROFILE At the crossroads of continents: Diversity defines the country’s geography and people Constitutional changes: Reforms realign powers between the monarchy and the parliament Viewpoint: His Majesty King Mohammed VI Interview: Abdel-Ilah Benkiran, Head...
Law 44-10 enacted in December 2010, created the first Moroccan financial centre. Since the kingdom represents Africa’s second-largest market capitalisation, the common ambition of the Moroccan legislature and the Casablanca marketplace is to create a financial centre that will attract international and regional investments from the Maghreb and West...
Part of Morocco’s strategy to attract foreign investors is the creation of free zones. To date, six integrated industrial zones have been established, all within the region of Tangier, and with each one dedicated to a different sector of the economy, including car manufacturing, aeronautics and sports, among others. Prime Ministerial Circular No 9/...
With the modernisation of financial laws, it has also been necessary to reform and adapt Moroccan foreign exchange regulation. On November 16, 2011, the legislator enacted the Moroccan Office of Exchange (MOE) Circular, in the process compiling and codifying 815 articles for all regulation applicable to foreign exchange.
The modernisation of financial trading has necessitated the enactment of new legislation. While only in draft format, these laws indicate a drive to upgrade the legal environment for domestic and global trading.
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