I therefore call upon all the distinguished delegates to consider this conference as a rare opportunity for sharing experiences on regulation and supervision of non-bank financial institutions. Chairperson, Ladies and Gentlemen, You may ask yourselves why SADC, and indeed Malawi, should bother about enabling regulatory frameworks?
The transaction could be settled before, after or on the contracted date as negotiated by the buyer and seller. The price is decided on the day of transaction. This product avails gold producing and demanding enterprises to hedge against risks, diversifies tools for investment and enlarges the variety of transactions on the market.