Commonwealth Secretariat
  1. Law Home
  2. Criminal Law
    1. Commonwealth Network of Contact Persons
  3. Economic and Legal Advice
    1. Projects
  4. Environment Law
    1. Commonwealth Countries Environment Laws
  5. Justice
  6. Law Development
    1. Legal Debt Clinic
    2. Law Bulletin
  7. News Archive
  8. Meetings
  9. Documents
    1. Commonwealth Legal Assistance News (CLAN)
    2. LAWD
    3. Reports
    4. Commonwealth Countries Environment Laws
  10. Contact Us
  11. Links

Establishment of a Stock Exchange in Sierra Leone

SASD has been assisting the Government of Sierra Leone with the establishment of a regulatory framework for the development of securities market operations. On this project SASD is collaborating with First Initiative who is assisting Sierra Leone in developing a strategy and action plan for the development of sustainable markets and institutions for long term and risk capital including, venture capital, insurance and other non bank financial institutions.

The aim of the project is to assist the Government in the development of a legal and regulatory framework for capital market activities including the establishment of a stock exchange;  a new securities law and a new companies and insolvency law. The objective is to help the Government achieve greater economic efficiency by strengthening the role of market forces and private sector and mobilisation of savings and their productive use in domestic capital markets thereby contributing to poverty alleviation. Inputs from SASD will include advice on the regulatory regime and assistance with the preparation of a securities and CIS bill and the review and finalisation of the companies and insolvency laws and related matters.