Independent statutory body established under section 4 of the Securities Industry Act 1998 (No. 21 of 1998). The Government portal says it has been operational since 2001 and falls under the Ministry of Finance.
What they do
Registers market participants, including brokers, dealers and issuers, advises the Minister of Finance on securities matters and keeps trading under surveillance to guard against abuses such as insider trading. Government portal describes it as the designated AML/CFT supervisory authority for reporting entities in the securities market.
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