Regulatory Alerts2019-12-11
Capital Markets and Securities (Establishment of Stock Exchanges) Regulations
The Capital Markets and Securities Authority has issued these regulations to establish a formal approval framework for stock exchanges and interim trading facilities in Tanzania. Applicants must submit triplicate applications accompanied by a memorandum of association, governing rules, and a five hundred thousand shilling fee to secure authorization subject to specific operational conditions. Approved entities must maintain a designated governing body, chief executive officer, physical trading location, and investor compensation system while fulfilling ongoing reporting, transparency, and compliance obligations.
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