THE Securities and Exchange Commission of Zimbabwe (SecZim) is stepping up investment in digital systems as it seeks to improve market surveillance, reduce compliance costs and increase investor participation in the capital markets. The regulator is moving away from traditional systems that rely heavily on manual analysis of market trends and is working towards real-time…
SecZim steps up digital drive
As part of the digital drive, SecZim is upgrading its systems to allow market participants to submit regulatory information through a more integrated platform. Patel said the changes would reduce duplication in reporting, with market institutions currently required to submit similar information through different systems.