The CMDA is empowered to issue licenses for the following market intermediaries, whose activities come under the purview of the Securities Act 2006.
- Dealers
- Dealer's Representatives
- Investment Advisers
- Underwriters License
- Stewardship Services
- Other Services Related to Securities
Licensing ensures an adequate level of investor protection, including the provision of sufficient safeguards to protect investors from default by market intermediaries or problems arising from the insolvency of such intermediaries.
In considering whether an applicant is fit and proper to hold a licence, the CMDA takes into account the following factors:
- Ability to perform such functions efficiently, honestly and fairly
- Financial status
- Reputation, character, financial integrity and reliability
Licensing Regulations and Forms
- Stock Exchange Licensing Regulation
- Depository Licensing Regulation
- Current Employer Notification form
Fees, Commissions and Charges Schedule
- Fees, Commissions & Charges Schedule
