Regulatory Alerts2022-01-01
The Capital Markets Authority (Prescription of Securities Instrument) Regulations, 2022
The Capital Markets Authority issued these regulations under sections 1 and 101 of the Capital Markets Authority Act to formally designate commercial paper, depository receipts, and exchange-traded funds as statutory securities. This classification explicitly brings these three financial instruments under the Authority's regulatory oversight and compliance framework. Effective December 2022, the directive standardizes their legal treatment and ensures consistent market regulation across all prescribed instruments.
729 STATUTORY INSTRUMENTS 2022 No. 135. The Capital Markets Authority (Prescription of Securities Instrument) Regulations, 2022 (Under sections 1 and 101 of the Capital Markets Authority Act, Cap. 84) IN EXERCISE of the powers conferred on the Capital Markets Authority by sections 1 and 101 of the Capital Markets Authority Act, these Regulations are made this 9th day of December, 2022.
- Title These Regulations may be cited as the Capital Markets Authority (Prescription of Securities Instrument) Regulations, 2022.
- Prescription of Securities Instrument The following instruments are prescribed by the Authority to be securities— (a) commercial paper; (b) depository receipts; or (c) exchange-traded funds. SAUL SSEREMBA, Chairperson, Capital Markets Authority. STATUTORY INSTRUMENTS SUPPLEMENT No. 52 23rd December, 2022 STATUTORY INSTRUMENTS SUPPLEMENT to The Uganda Gazette No. 76, Volume CXV, dated 23rd December, 2022 Printed by UPPC, Entebbe, by Order of the Government.