2023-01-30
The Directorate of Market Supervision and Development issued Circular No. 1/2023 to establish statutory submission deadlines for Capital Market Operators throughout the calendar year ending 31 December 2023. The circular mandates licensees and issuers to electronically file various statutory reports, including annual financial statements, capital adequacy returns, and interim or quarterly disclosures, by the specified dates. Failure to submit these documents within the stipulated timelines may trigger regulatory enforcement actions by the Securities and Exchange Commission.