Reinforced Cooperation Intensified

The Dar es Salaam Stock Exchange ('DSE') was incorporated in 1996 as a company limited by guarantee without a share capital. The DSE is a non-profit making body created to facilitate the government implementation of the reforms and in the future to encourage wider share ownership of privatised and all the companies in Tanzania.

The Financial Sector Deepening Trust ('FSDT') was established by five government donors: Canada, United Kingdom, Sweden, Netherlands and Denmark, in collaboration with the Bank of Tanzania and the Tanzanian Government. The focus is entirely on financial sector deepening. The Trust supports three pillars of financial sector development:

• Expanding the scale and viability of financial institutions and related transactions;
• Financial sector infrastructure, especially the crucial task of capacity-building; and
• The policy, legal and regulatory framework.

The Capital Markets and Securities Authority ('CMSA'), established in 1994, is a Government Agency established to promote and regulate securities business in the country. The main regulatory functions of the CMSA include inter alia surveillance over securities and control, and supervise activities of market players with a view to maintain proper standards of conduct and professionalism in the securities business.

Presentations and visit to FSC stakeholders will be on the agenda of the study tour. This initiative is amongst FSC's commitment to ensure effective cross border cooperation and information sharing.