Ethiopian Capital Market Regulations: Proclamations, Directives, Laws, Compliance, and Guide

Ethiopian Capital Market Fees Directives

This directive outlines the fee structure governing transactions within the Ethiopian Capital Market. Offering clarity on applicable fees, this directive is instrumental in fostering transparency and efficiency. Stay tuned for a comprehensive guide that will shape the fee landscape and contribute to the overall development of the Ethiopian Capital Market.

Directive on Licensing and Operating Securities Exchanges and Trading Platforms

This directive is a pivotal guide governing the licensing and operations of securities exchanges and trading platforms within the Ethiopian Capital Market. Offering essential insights into regulatory procedures, compliance standards, and operational frameworks, this directive plays a central role in ensuring transparency and integrity in the securities market. Stay tuned for a comprehensive resource that will define the licensing landscape and operational protocols within the Ethiopian Capital Market.

Recognition of Self-Regulatory Organizations Directives

This directive outlines the criteria and procedures for recognizing self-regulatory organizations within the Ethiopian Capital Market. Providing essential guidelines for transparency, compliance, and regulatory standards, this directive plays a crucial role in shaping the landscape of self-regulation. Stay tuned for a comprehensive guide that will define the recognition process, fostering a robust and responsible self-regulatory framework within the Ethiopian Capital Market.

Capital Market Service Providers Licensing and Supervision Directive

This directive outlines the licensing requirements and supervisory guidelines for capital market service providers. Offering crucial insights into regulatory compliance and operational standards, this directive is pivotal in ensuring transparency and maintaining the integrity of capital market services. Stay tuned for a comprehensive guide that will define the licensing and supervision framework, contributing to the overall development and stability of the Ethiopian Capital Marke

Capital Market Service Providers Licensing and Supervision Directive

This vital regulatory framework establishes the foundation for ensuring the stability, integrity, and resilience of the Ethiopian Capital Market. Designed by the Ethiopian Capital Market Authority, the Prudential Requirements outline essential standards and guidelines that market participants must adhere to, fostering a secure and sound financial environment. Covering aspects such as capital adequacy, risk management, and operational controls, these requirements play a pivotal role in safeguarding the interests of investors, promoting market confidence, and contributing to the overall development of the Ethiopian Capital Market. Stay informed as we delve into the core elements that shape the prudential landscape within the Ethiopian financial sector.

Here are the list of capital requirements as per set by the Ethiopian Capital Market Authority.

• Securities Appraisal Firm - Expected Net worth: Birr 15,000,000.00
• Collective Investment Scheme Operator - Expected Net worth: Birr 25,000,000.00
• Credit Rating Agency - Expected Net worth: Birr 15,000,000.00
• Crowdfunding Intermediary - Expected Net worth: Birr 6,000,000.00
• Securities Custodian - Expected Net worth: Birr 100,000,000.00
• Securities Digital Sub-broker - Expected Net worth: Birr 1,000,000.00
• Securities Portfolio Manager - Expected Net worth: Birr 15,000,000.00
• Securities Investment Adviser (Corporate) - Expected Net worth: Birr 500,000.00
• Investment Bank (within a banking group) - Expected Net worth: Birr 100,000,000.00
• Investment Bank (not part of a banking group) - Expected Net worth: Birr 25,000,000.00
• Securities Market Maker - Expected Net worth: As specified by the securities exchange
• Securities Robo Adviser - Expected Net worth: Birr 500,000.00
• Securities Broker Dealer - Expected Net worth: Birr 10,000,000.00
• Securities Broker - Expected Net worth: Birr 6,000,000.00
• Securities Dealer - Expected Net worth: Birr 4,000,000.00