1.0 PREAMBLE The Securities and Exchange Commission (hereinafter referred to as the “SEC”) is mandated by the Securities Industry Act, 2016 (Act 929) as amended by the Securities Industry (Amendment) Act, 2021 (Act 1062), (hereinafter referred to as “the Act”) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which investors and ...

PREAMBLE The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) as amended by the Securities Industry (Amendment) Act, 2021 (Act 1062), (hereinafter referred to as “the Act”) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which inv...

The SEC hereby directs all Fund Managers, Custodians, Directors of Mutual Funds and Trustees of Unit Trusts to ensure the strict adherence to the spread and limitations of investment for the Collective Investment Schemes (CIS) pursuant, to section 82 of Act 929, Regulation 39 of the Unit Trusts and Mutual Funds Regulations, 2001(L.I 1695), part two of the SEC Investment Guidelines for Fu...

1.0 PREAMBLE The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) as amended by the Securities Industry (Amendment) Act 2021 (Act 1062), (hereinafter referred to as ‘the Act) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which in...

1.0       Preamble 1.1       This Circular is issued by the Securities and Exchange Commission (hereinafter referred to as “the SEC”) pursuant to sections 3, 14, and 209 of the Securities Industry Act, 2016 (Act 929) as amended by the Securities Industry (Amendment) Act, 2021 (Act 1062), the Fees and Charges  (Miscellaneous Provisions) Act 2022 (Act 1080) (hereinafter referred to as “...

The Securities and Exchange Commission (hereinafter referred to as “SEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) as amended by Securities Industry Act, 2021 (Act 1062) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected. This Direct...

Preamble These Guidelines are issued by the Securities and Exchange Commission (hereinafter referred to as “SEC”) pursuant to section 15 of the Securities Industry Act, 2016 (Act 929) amended by the Securities Industry (Amendment) Act, 2021 (Act 1062) for the payment of market levies. The SEC has reviewed upwards the Market Operators’ Levy in view of the fact that they have remaine...