Regulatory Alerts2019-12-11
Capital Markets and Securities (Foreign Investors) Regulations 2014
Issued by Tanzania's Minister for Finance under the Capital Markets and Securities Act, these regulations govern foreign investors' participation in the domestic capital markets by defining eligibility criteria and permitting the purchase of listed securities. The rules mandate stock exchanges and authorized depositories to submit daily trading reports, monthly custody statements, and continuous disclosure records to the regulatory Authority. Furthermore, they subject foreign acquisitions of government securities to Bank of Tanzania conditions and revoke the preceding 2003 regulations.
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