Regulatory Alerts2018-05-17
Added · Updated
EAC Directives of 27th October 2017
The Council of Ministers of the East African Community issued a comprehensive regulatory framework governing the regional securities market, establishing binding standards for investor education, self-regulatory organizations, licensing, anti-money laundering, and business conduct. The directives require Partner States to enact, amend, and harmonize national laws within one year to ensure fair market practices, transparent disclosure, effective complaint resolution, and coordinated regulatory oversight. By mandating clear information display, prohibiting deceptive marketing and monopolistic bundling, and establishing accessible dispute resolution mechanisms, the framework enhances investor confidence and capital mobility across member states.