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Infos Business of Friday, 28 November 2014

Source: cameroon-info.net

Seminar to explain new financial market rules underway

A seminar for the actors in this sector in Douala announced in December.

The seminar will help explain the new rules of the Ohada Uniform Act relating to trading companies and economic interest group. This is what will tackle the representatives of banks, insurance companies, large companies state agencies or local authorities December 2, 2014.

They will take part in the seminar called "news and information day on the new system of public offering and engineering of hybrid securities." According to the organizers, large companies come in financial markets seek financing for their acquisitions or by opening their capital to other shareholders (capital increase) or by borrowing funds from market players.

This is called bonds. Innovative SME-SMI are affected by this activity. It is in the financial markets that these start ups come, pick, seek funding for their development.

Honoré Njime-Akwa, a management consultant at the origin of the seminar on 2 December 2014 said, "it is a capital market for the economy. Especially in an environment were credit is difficult and expensive. "He said that" it is important that all those involved in the financial market know these rules and master the legal risks inherent in all their activities in the markets."

The innovations of the OHADA Uniform Act on financial markets came into force since May 2014.