CDSC seeks approval to charge stock accounts

Nkoregamba_mwebesa

Central Depository and Settlement Corporation CEO Nkoregamba Mwebesa. NMG PHOTO

The Central Depository and Settlement Corporation (CDSC) has made an application to the market regulator to begin charging stock account holders.

The Capital Markets Authority (CMA) said they have received the application from CDSC which will be followed by a 30-day public consultation before the fate of the charge can be decided.

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