Directive To Secondary Market Dealers On The Payment Of Statutory Fees On Secondary Market Bond Trades And Reporting Requirements
Circular No 1-2019- DMSD Submission of Monthly Capital Adequacy Returns
Reference is made to the above subject matter. The Commission wishes to remind Dealers of the provisions of Sections 28 and 29 of the Securities of the Securities (Accounting and Financial Requirements) Rules, Statutory Instrument No. 171 of 1993 which require licensed dealers to provide and at all times maintain in their business as a […]
Circular No 4-2019 – DMSD Continuing Obligations – Disclosures and other Notifications (Not Approvals)
Reference is made to the above subject matter. in its efforts to ensure investor protection and enhance Issuers’ compliance with continuing obligations as stipulated in the Securities Act and the rules thereunder, the Securities and Exchange Commission (“the Commission”) hereby requests Issuers and sponsoring Brokers to ensure that all disclosures and other notifications that do […]
DMSD Circular 4 – Board Meeting Notifications and Other Notifications And Information To The Securities And Exchange Commission
Reference is made to the above subject matter. in its efforts to ensure investor protection and enhance Issuers’ compliance with continuing obligations as stipulated in the Securities Act and the rules thereunder, the Securities and Exchange Commission (“the Commission”) hereby requests Issuers and sponsoring Brokers to ensure that all disclosures and other notifications that do […]
DMSD Circular 1 – 2019 – Submission of Monthly Capital Adequacy Returns
Reference is made to the above subject matter. The Commission wishes to remind Dealers of the provision of Section 28 and 29 of the Securities (Accounting and Financial Requirements) Rules, Statutory Instrument No. 171 of 1993 which require licensed dealers to provide and at all times maintain in their business as dealers a net capital […]
DMSD Circular 1 – 2019 – Sec Monthly Capital Adequacy Return Template
Circular No 3-2019-DMSD Compliance with Section 182 (2) of the Securities Act No. 41 – Professional Indemnity Insurance
Reference is made to the 2017 Capital Markets Operators Workshop held from 26th to 27th January 2017; the newspaper notifications published in the Zambia Daily Mail of 18th and 19th January 2017 and subsequent letters sent to licensees on the salient features of the Securities Act No. 41 of 2016 (“the Act”). You may recall […]
DMSD Circular 3 – Professional Indemnity Insurance
Reference is made to the 2017 Capital Markets Operators Workshop held from 26th to 27th January 2017; the newspaper notifications published in the Zambia Daily Mail of 18th and 19th January 2017 and subsequent letters sent to licensees on the salient features of the Securities Act no. 41 of 2016 (“the Act”). You may recall […]
2018 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 […]
Market Guidance Note No.1 of 2018- Payment of Annual Fees
The Securities and Exchange Commission (the “Commission”) is authorized under section 212 of the Securities Act, No. 41 of 2016 (the “Act”) to issue such directives, guidance notes, bulletins or other regulatory statements as it considers necessary or desirable for administration of the Act.