Summary
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The draft “Recognition of Self‑Regulatory Organizations Directives” issued by Ethiopia’s Capital Market Authority outlines the legal framework, eligibility criteria, application procedures, governance standards, fees, and enforcement mechanisms for entities seeking SRO status, and invites public comments by 6 March 2023. It details the Authority’s powers to approve, sanction, withdraw recognition, and the appeal process for SROs under the Capital Market Proclamation 1248/2021.
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