15 September 2014

CMSA Tanzania and CISI sign MoU

The Capital Markets and Securities Authority (CMSA) wishes to inform members of the public that on 15th September, 2014, CMSA and the Chartered Institute for Securities & Investment (CISI) United Kingdom (UK) signed a Memorandum of Understanding (MOU) to promote and offer global certification of capital markets professionals in Tanzania.

The CISI is one of the largest and most widely respected professional bodies for professionals working in the capital markets industry worldwide. Every year, over 40,000 examinations are taken in more than 50 countries around the world by candidates who are employed by 92% of licensed capital market intermediaries and the world’s top investment banks.

The CMSA is very pleased to sign the MOU which kick starts partnership with one of the largest and most widely respected bodies for professionals working in the global financial markets. The CMSA/CISI collaboration will help the Tanzanian capital markets to position itself in the global talent pool for professionals in the capital markets and financial training. The collaboration will also help to increase the financial services expertise across the Southern Africa Development Community (SADC) and East Africa Community.

Through this collaboration CMSA will be able to address the growing need in Tanzania for globally qualified professionals in various areas of the capital markets industry including investment management, corporate finance, compliance, risk management and operations. CMSA is pleased to work with the CISI to enhance and promote professionalism and professional standards in the capital markets industry in Tanzania and the EAC region.

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