The Capital Markets (Coffee Exchange) Regulations

3. Object, purpose and application

Edition: 2022-12-31 · In force

The purpose of these Regulations is to—

(a)to give effect to section 12 (1) of the Capital Markets Act (Cap. 485A);

(b)provide for the establishment and regulation of coffee exchanges;

(c)provide for the licensing of coffee brokers;

(d)provide for the establishment and operationalization of direct settlement system for expedited and transparent payment of coffee sales proceeds;

(e)provide for the promotion and maintenance of an efficient coffee exchange;

(f)give directives, principles and conditions for trading of clean coffee at an exchange;

(g)ensure the trading is conducted in a secure, stable and transparent manner in an environment of fair competition; and

(h)provide for the protection of the interests of the grower, the buyer and other stakeholders at an exchange.