Angola's CMC upgrades Lwei Mansamusa from broker to full securities dealer
A short notice from Angola's Comissão do Mercado de Capitais records the reclassification of Lwei Mansamusa from a brokerage (SCVM) into a securities distributor (SDVM), unlocking a broader set of regulated activities. The item matters to anyone tracking the depth of Angola's capital market intermediary sector and the pace of its licensing activity.
- The CMC registered Lwei Mansamusa – SDVM, S.A. following authorisation to convert it from a brokerage (SCVM) into a securities distributor.
- The new licence permits order execution on and off regulated markets, proprietary trading, and custody and deposit of financial instruments.
- The firm may now also assist with public offerings and provide financial and corporate advisory services.
- Additional authorised activities include securities placement, firm underwriting, credit for transactions in financial instruments, and related foreign exchange services.