News

Posted On: Feb, 03 2020

Securities Industry Certification Course (SICC)

News Images

The Capital Markets and Securities Authority (CMSA) was established by the Capital Markets and Securities Act, 1994 (Cap. 79) and is charged with the responsibility for developing and regulating capital markets in Tanzania. According to the Capital Markets and Securities Act (CMS Act), CMSA is charged with responsibilities of promoting and facilitating the development of an orderly, efficient and sustainable capital markets and securities business in Tanzania while ensuring fair and equitable dealings. CMSA licenses and regulates investment intermediaries, commodities traders and approves issuers of securities to the public and commodity contracts among other duties.

Pursuant to Section 32 of the CMS Act, a person intending to work as a Dealer; a Dealers Representative, an Investment Adviser; an Investment Adviser’s Representative; Nominated Advisors Representative (NARs) or any other market intermediary, must have CMSA’s Certification.

In view of the above, and in its efforts to develop and strengthen capital markets in Tanzania, the CMSA in collaboration with the Chartered Institute of Securities and Investment (CISI), UK will conduct the Securities Industry Certification Course (SICC) Click to Download for more details