Aware of its position as a national structure of systemic importance, MAROCLEAR does not skimp on the efforts or the means to reach excellence and aims to occupy a leading role in terms of financial infrastructures, aligning with the national Financial Hub strategy.

Indeed, we are motivated by the desire to participate in the emergence of a regional Financial Place, and are determined to invest to support the stability of markets, achieve common economies of scale and develop markets both locally and globally.

In this respect, MAROCLEAR adheres to the objectives defined by the new international regulations, namely to increase the security and efficiency of the settlement of securities and its infrastructures and to establish more equal conditions of competition. One of the provisions put forward by these regulations is to harmonize certain aspects of the settlement cycle and market discipline, and to provide a set of common requirements for Central Depositories operating securities settlement systems.

These various international initiatives play a central role in the post-trade harmonization efforts, as they will strengthen the legal and operational conditions for the circulation and safekeeping of securities. In accordance with the requirements of the Principles for Financial Market Infrastructures (PFMI) published by the Committee on Payment and Settlement Systems and the International Organization of Securities Commissions, and, in relation with the activities of the Central Depository and the payment, clearing and settlement system, MAROCLEAR has set up a system to self-assess its compliance with these principles. The results of this self-assessment are available upon request from our compliance teams.