Regulatory Alerts2019-12-11
EAC Council Directive on Investor Education and Protection
The East African Community Council of Ministers issued this directive to harmonize investor education and protection standards across its Partner States. It mandates national competent authorities to supervise licensed market intermediaries, enforce fair and transparent practices, require plain-language disclosures, and prohibit discriminatory or monopolistic service conditions. The framework establishes clear complaint resolution pathways, imposes administrative sanctions for contraventions, and requires Partner States to enact implementing laws within one year of issuance.
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