Regulatory Alerts2019-12-11
Capital Markets and Securities (Advertisements) Regulations
The Capital Markets and Securities Authority issued these regulations to standardize securities advertisements by licensed entities in Tanzania, mandating precise disclosures regarding the issuer’s identity, services offered, and operational terms. The rules require advertisements to clearly separate promotional content from general information, accurately present past performance and taxation assumptions, and prominently warn investors of financial risks, currency fluctuations, and early withdrawal penalties. Non-compliant advertisements may be modified, restricted, or withdrawn by the Authority through written directions, ensuring all promotional materials remain fair, transparent, and free from misleading claims of official approval.
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