CMA was established by the Law n° 11/2011 of 18/05/2011.

The Authority is responsible for:

1. Implementing the Government policy on Capital Market;
2. Preparing draft policies on capital market;
3. Advising Government on policy relating to the capital market;
4. Promoting public awareness on the capital market and develop such market;
5.  Elaborating action plans and conducting studies in order for CMA to achieve its mission;
6. Formulating principles and regulations for the capital market;
7. Making regulations governing capital market business in accordance with the Law regulating capital market in Rwanda;
8. Controlling and supervising all capital market activities with a view to maintain proper code of conduct and acceptable practices on the capital market;
9. Registering capital market business and related instruments provided for by the Law regulating capital market in Rwanda;
10. Issuing, suspending, and withdrawing licenses and approvals related to capital market business;
11. Seeking to achieve fairness, efficiency and transparency in the functioning of the capital market;
12. Protecting citizens and investors in capital market from unfair and unsound practices or practices involving fraud, deceit, cheating or manipulation;
13. Monitoring, supervising, and take actions with regard to the compliance with this Law and regulations thereto related as well as with the Law regulating capital market in Rwanda and regulations thereto related;
14. Co-operating and collaborating with other regulatory bodies in accordance with the provision of the Law regulating capital market in Rwanda;
15. Consulting concerned organs prior to making any decision to modify principles and regulations of the profession that may have impact on the functioning of the capital market;
16. Keeping adequately and timely records of decisions made in the accomplishment of CMA mission;
17. Accomplishing any other mission assigned by the Law regulating capital market in Rwanda.