Securities
Securities
Entities operating in the Securities sector are licensed under the Securities Act (SA). The SA provides a comprehensive framework enabling entities to operate in full transparency and lists all the requirements/criteria and the prudential norms which need to be followed and the relevant disclosures.
The FSC licences Securities Exchanges, Clearing and Settlement Facilities, Securities Trading Systems, Investment Funds Intermediaries and also registers Reporting Issuers and Investment Clubs.
An Investment Fund, which is authorised under Section 97 of the SA, may be structured as a company, a protected cell company, a trust, a limited partnership, foundation or any other legal entity prescribed or approved by the FSC.
Applicants must submit a complete application with all relevant documents so as to enable the FSC to process their application for licensing / registration / authorisation.
- Investment Dealer
- Rep. of Investment Dealers
- Investment Adviser
- Rep. of Investment Advisers
- Providers of market infrastructure
- Investment Funds (CIS/CEF)
- Recognition of Foreign Schemes
- Investment Funds Intermediaries
- Registered Activities
- Authorised Activities
- SEC-2.1A: Investment Dealer Full Service dealer (including Underwriting)
- SEC-2.1B: Investment Dealer Full Service dealer (excluding Underwriting)
- SEC-2.2: Investment Dealer Broker
- SEC-2.3: Investment Dealer Discount Broker
- SEC-2.8: Investment Dealer Commodity Derivatives Segment
- SEC-2.9: Investment Dealer Currency Derivatives Segment
- SEC 2.6A: Representative of Investment Dealer (Full Service Dealer) Type 1
- SEC 2.6B: Representative of Investment Dealer (Full Service Dealer) Type 2
- SEC 2.6C: Representative of Investment Dealer (Full Service Dealer) Type 3
- SEC 2.6D: Representative of Investment Dealer (Broker) Type 1
- SEC 2.6E: Representative of Investment Dealer (Broker) Type 2
- SEC 2.6F: Representative of Investment Dealer (Discount Broker)
- SEC-3.3A: Single Fund
- SEC-3.3B: Scheme with more than 1 sub fund