Capital Markets Authority (CMA) wishes to notify the general public that Crane Financial Services Limited (CFSL) has not renewed its brokerage license with the Authority.
Accordingly, CFSL's existing clients are advised to transfer their Securities Central Depository (SCD) Accounts to any other licensed broker of their choice by 30th June, 2018. This is to enable them (investors) to continue trading their shares on the Uganda Securities Exchange (USE).
To effect the transfer, clients will be required to visit the CFSL offices at Crane Chambers, Plot 38 Kampala Road to fill out the necessary transfer forms and submit them to a broker of their choice.
For clients who still hold paper certificates, please endeavor to carry along valid identification documents(e.g. National ID or Passport) and two passport size photos which will be used to open an SCD account for dematerialization.
SCD Accounts not transferred within the stipulated time frame will be transferred to a broker to be determined by the Authority as provided for by Section 5 (2) (v) of the CMA Act, Cap 84 as amended. Visit www.cmauganda.co.ugto access the full list of licensed brokers or contact: