2022-12-31
Added · Updated
This annual report details the Securities and Exchange Commission's (SEC) activities and performance for 2022, highlighting significant regulatory changes and operational initiatives. During the year, the Securities Act No. 41 of 2016 was amended, alongside subsidiary legislation, impacting capital market operators and participants in Zambia. The SEC also launched the Capital Markets Master Plan (CMMP) and implemented a Risk-Based Supervision (RBS) project to enhance market oversight and investor protection. Furthermore, a new 2022-2026 strategic plan was approved to guide the Commission's future regulatory and developmental efforts.