WC111/7113 AND EXCHANGE COMMILISON
March 30th, 2023 — The Securities and Exchange Commission of Zambia (SEC) is pleased to announce its admission to the Sustainable Banking and Finance Network as its newest member.
SEC is the regulator of the capital markets in Zambia and was established in 1993 through an Act of parliament. The SEC is responsible for the supervision and development of the Zambian Capital Markets, as well as licensing, registration and authorization for financial intermediaries, issuers of debt and equity instruments and collective investment schemes. Zambia having launched her inaugural Capital Markets Master Plan, which is a 10-year roadmap aimed at promulgating strategies that will foster the vision for the country becoming a preferred destination for investments, joining this prestigious Network could not have come at a better time. The foregoing is most especially that one of the aspirations of the Master Plan is for Zambia to position as a Global Green Investments Hub