The first Council of the CSE was appointed by the Council of Ministers in December 1993 in accordance with the Law, and was initially charged with the responsibility of preparing detailed Regulations which would govern the operation of the CSE.

The Council of the CSE is responsible for the management of the Exchange and for the implementation of its policy. More specifically, the Council supervises the operation of the Exchange and has exclusive authority over the management and administration of its assets, in accordance with the provisions of the Law and the Regulations.