Act 2016

Securities Act, No. 41 of 2016 (as amended by Act No. 21 of 2022)

Summary

Establishes the Securities and Exchange Commission and governs the licensing of market participants and the registration of securities. Section 218(2)(a), cited in the Commission's penalty notices, is the basis for civil financial penalties.

Topics: Corporate Governance Market Integrity & Securities

Who it applies to

Capital Markets · Asset & Wealth Management

Official source

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