Seminar on new rules of financial market slated for December 2

A seminar for stakeholders in this sector has been scheduled to take place in Douala in December. The seminar will focus on mastering the new rules of the Uniform Act of Ohada relating to commercial companies and economic interest group. The seminar will be handled by representatives of banks, insurance companies, large companies, state agencies, and local governments. They will take part in a seminar called "day of news and information on the new regime of the public offering and composed securities engineering".

According to its organizers, corporators from financial markets seek funding for external growth, either by opening their capital to other shareholders (capital increase) or by borrowing funds from the market players.

Innovative SMEs - SMIs are involved in this activity. Honoré Njime-Akwa, a management consultant to speak on the seminar of December 2, 2014 noted that "it is a vital market for the economy. Especially in an environment where credit facility is difficult and expensive to access.

He said that "it is important that all those involved in the financial market are aware of these rules and ensure that they have mastered the legal risks that are inherent in all of their activities on the markets. The innovations of the Ohada Uniform Act concerning financial markets came into force in the month of May, 2014.