ARTICLE 1
DEFINITIONS
1.
In this Annex, terms and expressions defined in Article 1 of the Protocol
shall bear the same meaning unless the context otherwise requires.
2.
In this Annex, unless the context otherwise requires:
"COSSE"
"market
participant"
means the Committee of SADC Stock Exchanges;
means any person authorised to deal in financial
instruments and/or their intermediaries in the jurisdiction
of any of the Member Exchanges;
"Member Exchange" means a SADC Securities or Financial Exchange;
ARTICLE 2
CO-OPERATION
In committing to the further development and growth of SADC, Member
Exchanges shall extend multilateral co-operation and assistance to one
another in, but not limited to, the following areas:
1.
2.
Communication and Exchange of Information.
(i)
Chief Executives of Member Exchanges must liaise with one
another in order to inform all Member Exchanges of prospective
major changes to their respective macro-infrastructures and
regulatory environments with a view to seeking where
practicable, harmonisation, of each Exchange's approach to the
respective Authorities;
(ii)
The Member Exchange shall place all other Member Exchanges
on their mailing lists for distribution of periodicals and other
important communications;
(iii)
The Member Exchanges shall encourage and enhance contact
and communications between market participants and Member
Exchanges.
Information Sharing
(i)
Where a Member Exchange in compliance with its regulatory
responsibilities requires, information relating to members of
another Member Exchange or to any transaction in financial
instruments effected on either Member Exchange, the Member
Exchange from which the information is requested, shall use its
best efforts, to obtain such information for the requesting
Member Exchange;
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