Notice Of Cancellation Of Securities Exchange Licence

Sections 27 of the Securities Act, No. 41 of 2016

The Securities and Exchange Commission (the “Commission”) is a statutory body established under the Securities Act, Cap. 354 of the Laws of Zambia (repealed) and whose existence is continued under the Securities Act, No. 41 of 2016 (the “Securities Act”). The Commission has a statutory mandate to protect investors in the capital markets.

Section 27 of the Securities Act empowers the Commission to cancel a licence where, inter alia, a licensed person contravenes the Provisions of the Securities Act or regulations or rules made in accordance with the Securities Act.

In exercise of the powers vested in the Commission aforesaid, the Commission hereby notifies the public of the following: Read More