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 and document the following:
1) Obtain and update it information about the CMO including any changes in key personnel, operations etc.
2) Knowledge of Business: Information about Products and Services, Significant activities, Business units, Environmental factors, Industry factors and any other information about the CMO
3) Identify significant activities of each CMO
4)Identify controls and governance structures in place within the CMO
5) Identify and assess the adequacy of the CMO’s financial resources
6) Perform a preliminary assessment of the adequacy of the CMOs Quality of Risk Management Functions