Regulatory Alerts2019-12-11
Capital Markets and Securities (Licensing) Regulations
The Capital Markets and Securities Authority mandates standardized application procedures, financial disclosures, and examination criteria for securing dealer’s and investment adviser licenses under Tanzanian law. Applicants must submit prescribed forms, audited balance sheets, and required fees to trigger a mandatory forty-five-day decision period. Once granted, licenses remain personal and non-transferable while imposing ongoing obligations for material change notifications, deposit management, and public display at licensed premises.
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