Tanzania - Obtain Authorised Securities Dealer License

Advertisement

Procedure

Apply In-Person:

1. To obtain Authorised Securities Dealer License in Tanzania, the applicant should visit the Capital Market and Securities Authority (CMSA) contact link
2. Downloadable application form is available in the following link
3. Applicant must provide all information that is requested in the application form.
4. Applicant should make sure to carry all documents (both photocopies and originals) of all documents that are needed for completing this procedure.
5. Documents that are needed for completing this procedure are mentioned under “Required Documents” section of this page.
6. Applicant should attach both photocopies and originals of all documents (whichever is necessary) along with the application form before submitting it at the office.
7. The Fee for this procedure has to be paid as per the authority’s request.
8. If all these procedures were followed properly by the applicant, the approval will be provided within stipulated period of time.
9. If there is no information regarding this approval is available, the applicant can visit the office to know status of their application.

Advertisement

Required Documents

• Completed Application Form link
• Cover Letter
• Memorandum and Articles of the Association
• Business License
• Certificate of Incorporation
• National ID Card
• Police Clearance Certificate
• Comprehensive Curriculum
• Passport size photographs
• Client Service Agreement
• Operations and Internal Controls Manual
• Disaster Recovery and Business Continuity Policy
• Business Plan
• Shareholding Structure
• Name and Competencies of the Chief Executive Officer
• Operating System including dealing infrastructure

Office Locations & Contacts

Capital Market and Securities Authority,
Street/Garden Avenue
Postal Address: P.O. Box 75713, Dar es Salaam, Tanzania
Contact No: +255 222 114 959/61
Fax No: +255 222 113 846
Email Address: [email protected]
Contact link

Eligibility

• Any individuals in Tanzania who are carrying a business as an authorised dealer is eligible for this procedure.

Fees

• The Fee for this procedure has to be paid as per the authority’s request

Validity

• The Authorised Securities Dealer License is valid for the period mentioned in it.

Documents to Use

• Downloadable application form is available in the following link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• Processing time for this procedure will be mentioned by concerned authorities.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicant should make sure to follow all instructions mentioned by concerned authorities properly.

Required Information

• Name of the Applicant
• Name of the organization
• Registered Office
• Address of the Office
• Date of Incorporation
• Physical/Postal Address
• Email Address
• Business Reference
• List of office facilities of the applicant

Need for the Document

• An authorized securities dealer license is necessary for dealing securities and operates in a specific market segment as prescribed by capital markets authority.

Information which might help

Enter other informations which might help.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Capital Market and Securities Authority link

Others

More information which might help people.