Regulatory Alerts2019-12-11
Capital Markets and Securities Authority Electronic Trading Guidelines 2015
The Capital Markets and Securities Authority of Tanzania requires prior written approval for any entity offering securities, dealer, or investment advisory services via mobile phones, internet, or other electronic mediums. Applicants must demonstrate robust operational capacity, data security through encryption and firewalls, client authentication, and comprehensive contingency plans to maintain service availability. The guidelines establish a three-year registration framework subject to prescribed fees, mandatory independent system audits, and the Authority’s power to suspend or cancel registrations for non-compliance.
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