Regulatory Alerts2020-10-14
Capital Adequacy Directive for Securities Market Intermediaries
SECZ has issued a capital adequacy directive mandating minimum financial reserves and standardized reporting for securities market intermediaries. The regulation requires qualifying entities to maintain specified capital thresholds, implement continuous risk assessment protocols, and submit audited financial statements on a quarterly basis. Updated in January 2021, the directive clarifies compliance deadlines and enforcement procedures to strengthen market stability and protect investor capital.
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