As most of you are aware that the Government on 13th August 2009, announced that the administration of the Capital Markets Development Authority (CMDA) Act, was being transferred to the Reserve Bank of Fiji as part of the Government’s ongoing review of the Financial Services Sector in Fiji.
This recent decision by the Government has meant that the whole administration of the CMDA and likewise the regulation and supervision of Fiji’s capital market will now be consolidated under the ambit of the RBF.