1. Global Financial Regulatory Framework Regulating International Capital Market Masters in Accountancy (MACC508)

2. Regulating International Capital markets Role of the Securities & Exchange Commission of Zimbabwe

3. Background of SECZim SECZim was established through Securities Act (24:03) as regulators of the securities and capital markets; Operations started 2009 through the appointment of secretariat; SECZim mission is ‘to provide an optimal regulatory environment for the protection of investors and sustainable development of capital markets for national economic growth’.

4. Strategic Role Regulatory Role – Ensure the market behave in an orderly manner; Developmental role – Ensure continuity of the securities market as major source of finance for individuals, corporate and government; Investor Protection Role – Protect the interest of investors.

5. Functions of SECZim To regulate trading and dealing in securities; and To register, supervise and regulate securities exchanges; To license, supervise and regulate licensed persons;

6. Functions of SECZim To encourage the development of free, fair and orderly capital and securities markets in Zimbabwe; To advise the Government of Zimbabwe on all matters relating to securities and capital market; To promote investor education;

7. Key Objectives of SECZim Providing high levels of investor confidence; Reduce systematic risk in the capital markets; Promoting market integrity and investor confidence; To prevent market manipulation, fraud and financial crime; Ensuring transparency in the capital and securities markets; Promoting investor education.

8. Regulation of SECZim The commission is regulated through the Ministry of Finance; They report directly to the Ministry of Finance.

9. Who are regulated by SECZim Exchange Stock brokers Transfer Secretaries; Custodians; Investment Advisors; Investment Manager; Collective Investment Schemes (Unit Trusts) Trustees

10. Information Source: http://www.seczim.co.zw/about -secz/who-is-secz/

11. End End of Slides on the study