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| 1. |
For
Department of Personnel and Administration: |
 |
The
functions under this department are described below:
|
| • |
Designing and implementing human resources
management policies and procedures governing recruitment,
placement, rewarding, training and development and welfare
service. |
| |
| • |
Reviewing human resources management policies
and recommending proposals related to improvement of working
conditions and motivation of the workforce. |
| |
| • |
Making follow
up on the implementation of human resources management
policies and training plans/programmes; |
| |
| • |
Designing and
implementing on employee’s performance system with
respect to departmental and corporate plans; |
| |
| • |
Handling industrial
disputes and representing the management in industrial
cases; |
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| • |
Designing and implementing a system for
the provision of general services, transport, stores,
cleaning and maintenance of assets; Procurement and storage
of office supplies. |
| |
| 2. |
For Department
of Finance and Accounting: |
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| The functions under
this department are described below: |
| • |
Carrying out financial
planning and control; |
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| • |
Designing a computerized
accounting and reporting system for CMSA; |
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| • |
Preparing and
maintaining accounting books and records; |
| |
| • |
Preparing of periodic
financial reports for both internal and external; reporting; |
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| • |
Coordinating the
preparation of the annual budget of CMSA; |
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| • |
Advising on short
term investment plans for CMSA; |
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| • |
Advising the Chief
Executive Officer on all matters relating to finance and
accounting; |
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| • |
Teaming up with
other departments in the evaluation of Prospectuses; |
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| • |
Providing support
to the Market Supervision Department in the analysts of
the financial performance of listed companies, Collective
Investment Schemes and market professionals including
dealers/brokers and investment advisors; |
| |
| • |
Providing advise
on the disclosure and accounting standards requirements
for the market, listed companies, collective investment
schemes and market professionals; |
| |
| • |
Undertaking any
other duties assigned by CEO. |
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| 3. |
For Directorate
of Legal Affairs and Enforcement: |
|
| The
functions under this directorate are described below: |
| a) |
General: |
| • |
Interpreting of
the CMS Act, Regulations and other legislation; |
| |
| • |
Drafting of regulations
and amendments to legislation; |
| |
| • |
Providing legal
opinions on capital markets issues and /or issues affecting
the Authority; |
| |
| • |
Providing legal
advice on the Authority’s compliance with pertinent
laws of Tanzania in its day to day affairs; |
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| • |
Providing legal
representation for the Authority; |
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| • |
Providing legal
advisory services to the Authority; |
| |
| • |
Advising the CEO
on regulatory aspects relating to policy measures/proposals;
and |
| |
| • |
In cooperation
with the Directorate of Research, Policy, and Planning
undertaking research relating to the regulatory/ legal
matters relevant to the capital markets. |
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| b) |
Board
Matters: |
| • |
Providing services
to the meetings of the Authority; |
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| • |
Providing the communication
link between the Members of the Authority and the CMSA; |
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| • |
Making follow-up
implementation of decisions of the Authority. |
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| c) |
Enforcement: |
| • |
Evaluating and
processing applications for licensing or renewal of licenses
of brokers, dealers, investment advisors; |
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| • |
Issuing licenses
to brokers, dealers, dealers representatives and investment
advisors; |
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| • |
Inspecting licensees; |
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| • |
Taking part in
evaluation of applications for approval of prospectuses/new
issues or mergers and acquisitions; |
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| • |
Taking part in
evaluation of applications for authorization of Collective
Investment Schemes; |
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| • |
Vetting of advertisement
and or press announcements made by the CMSA; |
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| • |
Carrying out investigations
regarding breach of CMS Act, Regulations, Guidelines; |
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| • |
Facilitating the
settlement of industry disputes and/ or arbitration; |
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| • |
Enforcing the CMS
Act and Regulations by imposing the requisites penalties; |
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| • |
Assisting the CEO
in issuance and implementation of the Authority’s
guidelines. |
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| 4. |
For Directorate
of Market Supervision and Market Development: |
|
| a) |
Market
Supervision: |
| • |
Creating and managing
data bank for the market; |
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| • |
Reviewing and Evaluating
market participants (DSE, CIS, CDS, Issuers, Brokers,
etc) |
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| • |
Conducting onsite
and off-site inspection and examinations; |
| |
| • |
Carrying out routine
inspections of licensees to ensure compliance with the
law; |
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| • |
Reviewing extent
of compliance with disclosure requirements; |
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| • |
Assessing and evaluating
systems adopted by market participants; |
| |
| • |
Supporting licensing
of market participants; |
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| • |
Reviewing impact
of various regulations on the market; |
| |
| • |
Participating
in the IPO approval process. |
| |
| b) |
Market
Development: |
| • |
Carrying out public
education programme including published materials such
as brochures designed to enhance public knowledge on capital
markets issues; |
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| • |
Participating in
capacity building for the market professionals; |
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| • |
Coordinating activities
relating to the introduction of new products in the market; |
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| • |
Coordinating activities
relating to development of the market infrastructure; |
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| • |
Coordinating activities
relating to prospectus evaluation for new issues, mergers,
acquisitions and take-overs |
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| 5. |
For Directorate
of Research, Policy and Planning |
|
| c) |
Department
of Research and Policy |
| • |
Preparing Work
plan (Strategic Plan); |
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| • |
Completing/preparing
annual activity plan; |
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| • |
Preparing quarterly
reports; |
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| • |
Preparing annual
reports; |
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| • |
Preparing research
agenda for CMSA; |
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| • |
Coordinating research
activities; |
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| • |
Publishing and
disseminating research results; |
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| • |
Preparing and coordinating
donor funded projects and projects reports; and |
| |
| • |
Coordinating international
cooperation activities. |
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| d) |
Department
of Information Technology |
| • |
Undertaking system
analysis at the CMSA and the market as a whole; |
| |
| • |
Dealing with software
acquisition and development; |
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| • |
Dealing with hardware
acquisition and maintenance. |
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| ^ top |
Organization 
