Regulatory Alerts2019-08-22
Public Notice: APPROVAL TO OPERATE A COMMODITIES EXCHANGE
The Capital Markets Authority of Uganda issued this notice to clarify that it has neither received applications nor granted approval for any entity to operate a commodities exchange. The regulator refuted media reports claiming that persons had launched a platform to trade precious metals, emphasizing that such operations are illegal without explicit authorization. The CMA cautioned the public to only engage with licensed or approved persons for financial investments and directed them to the official website for a verified list of regulated entities.
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