Committee of Insurance, Securities and
Non-Banking Financial Authorities
EN
FR
Capital Markets Sub-Committee (CMS)
The CMS has been setup pursuant to Article 13 (4) of the Protocol on Finance and Investment and Paragraph 11.1(a) of the CISNA Rules.
The purpose of the CMS is to address sector specific issues to ensure achievement of the objects of CISNA in particular the securities and capital markets sectors.
The mandate of the CMS is to execute the objects of CISNA as defined in paragraph 2 of the CISNA Rules and in particular to promote harmonisation of legislation and supervisory frameworks in the securities and capital markets sectors.
The CMS shall consist of a minimum of five and a maximum of nine members, elected by the General Council in accordance with Paragraph 12 of the CISNA Rules.
The current composition of the CMS is as follows:
Chairperson
Ms Grace Berejena
Securities and Exchange Commission
Zimbabwe
Vice Chairperson
Mr Kamalsing Burun
Financial Services Commission
Republic of Mauritius
Members
Ms Mojadi Kwerepe
Non-Bank Financial Institutions Regulatory Authority
Botswana
Mr Moses Pitso
Prudential Authority
South Africa
Mr Absalom Kamutyasha Kapenda
Namibia Financial Institutions Supervisory Authority
Namibia
Mr Bruce Mulenga
Securities and Exchange Commission
Zambia
Ms Babhekile Matsebula Financial Services Regulatory Authority Eswatini |
Ms Ludmila Cardoso dos Santos Dange
Capital Markets Commission
Angola
The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) was established in 1998, pursuant to Annexure 10 of the SADC Protocol on Finance and Investment as a committee of authorities responsible for the supervision of insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States. CISNA is part of the Directorate of Finance, Investment and Customs of the SADC Secretariat and reports to the SADC Committee of Ministers of Finance and Investment through the Committee of Senior Treasury Officials.