Capital Market and Securities Authority

As part of its mandate under the Capital Markets and Securities Act, Chapter 79 R.E 2002 (CMS Act), the Capital Market and Securities Authority (CMSA) promotes and facilitates development of an orderly, efficient and sustainable capital markets and securities business in Tanzania while ensuring fair and equitable dealings. The CMSA undertakes this role to ensure that the capital markets in Tanzania is sound, resilient and remains competitive in the global market space. One way this is achieved is through certification of market professionals, a programme that is conducted pursuant to Section 32 of the CMSA Act, in collaboration with the Chartered Institute for Securities and Investment (CISI), United Kingdom.

Complementary to the certification is the Capital Markets Continuous Professional Development (CPD) Programme which aims at furthering the knowledge and skill of market players and ultimately enhancing their domestic and internal competitiveness on a consistent basis. This will ensure maximum integrity, transparency, consistency in client engagement while upholding the highest standards of professionalism among key staff within capital markets intermediaries.

In this regard, CMSA has developed the Capital Markets Continuous Professional Development (CPD) Policy to facilitate implementation of the CPD programme. The policy showcases key features of the program and the procedures through which a professional member shall need to undertake to achieve the requirements of the CPD programme. CMSA will set specific requirements for recognition of CPD service providers. Download CPD Guidelines