NATIONAL ASSEMBLY OF ZAMBIA

FIRST SESSION OF THE TWELFTH ASSEMBLY

ORDER PAPER - THURSDAY, 20TH OCTOBER, 2016

AT 1430 HOURS

PRESENTATION OF GOVERNMENT BILL

The Minister of Finance

The Securities - Bill to regulate the capital markets so as to foster fair and efficient trading; to continue the existence of the Securities and Exchange Commission and provide for its functions and powers; to license and regulate securities exchanges, clearing and settlement agencies and self-regulatory organisations; to ensure the financial integrity of transactions and avoidance of systemic risk in the capital markets; to provide for licensing and regulation of capital markets operators; to provide for licensing and regulation of credit rating agencies and protect the integrity, transparency and reliability of the credit rating process and credit ratings; to provide for registration of securities and conduct of securities business; to provide for regulation of collective investment schemes; to prohibit insider dealing in securities and other offences; to provide for mergers and take-overs of listed companies and companies whose securities are registered with the Commission; to provide for auditing and corporate responsibility of listed companies and companies whose securities have been registered with the Commission; to continue the existence of the Compensation Fund; to establish the Capital Markets Tribunal; to repeal and replace the Securities Act, 1993; and to provide for matters connected with or incidental to the foregoing.            (N.A.B. 26/2016)

ORDER OF THE DAY

1    Thanks - His Excellency the President’s Address - Motion (4th October)
-    Resumption of Debate: (Ms Chonya).
______________________