Risk Management Guidelines Presentation – Second RBS Pre-launch Engagement held 29 March 2022
RMGs aim to provide the minimum standards for risk management for capital markets operators RMGs are not an exhaustive guide to risk management and hence onus is on Senior Management and the Board to determine the most appropriate framework for management of Risk. RMGs shall apply to all Capital Markets Operators taking into their size […]
RBS presentation to CMOs – First RBS Pre-launch Engagement held 23 March 2022
WHY RBS? Zambia is faced with a demand for capital and has to compete with other Countries with similar demands. To Access this Capital, Zambia needs position as preferred destination for this capital. On the other hand, investors/providers of capital are faced with a variety of options to take their money. Their choice is largely […]
Court of Appeal Ruling – Leave to Appeal SEC v SCB
Circular 1 of 2022 – Calendar of Submissions
The circular outlines the due dates for statutory submissions pursuant to the Securities Act No.41 of 2016 continuous obligations for Capital Markets Operators (Dealers, Investment Advisors, Registered Securities or Issuers and others) for the year 2022 as indicated per category Table 1 below summarises the continuing obligations as stipulated in the Act for each Capital […]
SELF ASSESSMENT QUESTIONAIRES_130422_FV
Following the launch of the SEC Risk Based Supervision Framework in the Zambia Capital Markets on 5th April 2022, the Commission has begun the process of collecting and updating information from capital markets operators. The purpose of this questionnaire is to enable CMOs to provide the Commission with information that will enable it to understand […]
2021 SEC Annual Report
The Securities and Exchange Commission (SEC) was established pursuant to section 3 of the repealed Securities Act, Cap 354 of the Laws of Zambia and its existence has been continued under the new Securities Act, No. 41 of 2016. The Commission’s mandate is to ensure that investors in the Zambian capital markets, both local and […]
Standard Chartered Bank Zambia and the Securities and Exchange Commission – Ruling
Risk Based Supervision Policy
The Securities and Exchange Commission The Securities and Exchange Commission (“the Commission” or “the SEC”) is the regulator of the Capital Markets in Zambia. It was established through Cap 354 of the Laws of Zambia and its existence was continued through the Securities Act no. 41 of 2016 (“the Act”). The Commission’s mandate as prescribed […]
Circular 1 of 2021 Calendar of Submissions
The circular outlines the due dates for statutory submissions pursuant to the Securities Act No.41 of 2016 continuous obligations for Dealers, Investment Advisors and Issuers for the year 2021 as indicated per category.Further note that the Commission issued a public notice on 21st January 2021 in which guidance was granted pursuant to section 4(2) of […]