Regulatory Alerts2024-02-15
Circular No. 1 of 2024 on Continuous Professional Development Program
The Capital Markets and Securities Authority mandates licensed intermediaries and certified professionals in Tanzania to complete 35 continuous professional development hours annually. This requirement allocates at least 21 structured hours, up to 14 unstructured hours, and a mandatory 3.5-hour ethics component within each July 1 to June 30 financial cycle. The program officially launches on July 1, 2024, and will become a strict licensing prerequisite for all covered market participants starting July 1, 2025.
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