CMSA urges compliance as iTrust launches sh15 billion bond
DAR ES SALAAM, May 19 -- THE Capital Markets and Securities Authority (CMSA) has urged financial institutions offering investment services through bonds to comply with regulatory guidelines issued by the authority and the Bank of Tanzania.
According to various global financial publications, bond investment is considered one of the safest forms of financial investment compared to other investment avenues.
Despite this perceived safety, stakeholders have stressed the need for strict adherence to laws governing the provision of financial services, with companies and financial institutions required to follow guidelines set by the Bank of Tanzania and the Ministry of Finance.
Speaking during the launch of a bond issued by financial services...
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