The Moroccan Capital Market Authority (AMMC) published its 2026 priority actions, setting out its annual roadmap to support capital market development while reinforcing investor protection, market integrity and the market’s role in financing the real economy. The programme is structured around five pillars: developing capital market financing and supporting stock market momentum; implementing the strategic framework for sustainable finance and governance, supporting innovation to develop new financing solutions and financial inclusion, and strengthening regional cooperation; expanding financial literacy initiatives and broadening accreditation; adapting supervision through a consolidated risk-based approach and thematic controls, investor protection and market integrity measures, support for stakeholders to optimise AML/CFT effectiveness, and a broadened oversight scope; and continued internal efficiency initiatives including digital transformation, AI integration, enhanced in-house expertise and a CSR approach. The AMMC also highlighted 2025 market and regulatory milestones, including bond issuance volumes more than doubling, equity capital raising rising by nearly 70% with three IPOs totalling MAD 6 billion, UCITS net subscriptions of MAD 84.8 billion, and securitisation funds raised of MAD 15.5 billion versus MAD 2.4 billion the prior year.