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ACI FMA Tanzania

Formed in 2002, ACI FMA Tanzania is the standard bearer for financial markets professionals in Tanzania. ACI FMA Tanzania is affiliated with ACI – Financial Markets Association, a Paris – based global umbrella body of financial markets associations, is a non-profit making association founded in the interests of the financial markets dealing profession which is essentially international.  ACI FMA Tanzania abides by the Tanzanian laws and regulations, and the FX Global Code of conduct recognized by the ACI – The Financial Markets Association. The ACI FMA is the largest trade association in the global financial markets with over 13,000 members in 60 countries.

The aims of ACI FMA Tanzania are:

  • To foster high standards of ethical behavior and business conduct among its members.
  • To prompt greater cooperation within the financial markets, and similarly develop links of friendship and cordial relationship among its members.
  • To inform its members of legislative and administrative developments affecting wholesale financial markets.
  • To improve technical and soft skills and knowledge among dealers, and to promote the professional training and competence of new and existing dealers.
  • To deepen relationships with various regulators of the Tanzanian Financial Markets and assist in seeking solution to various issues affecting the financial markets
  • To provide forums for discussion of issues relevant to its members.

Board Members

Nsajigwa Kasyanju
Nsajigwa Kasyanju

PRESIDENT

vice
Rahim Suleiman

VICE PRESIDENT

trreasurer
Moses Kawiche

TREASURER

secretary
Doreen Mitimingi

SECRETARY

linda
Linda Minde

CHAIRPERSON – Education Committee

baraka
Baraka Mselemu

Education Committee

henrmanpic
Hemant Sharma

Education Committee

Fredrick-Riziki
Fredrick Riziki

CHAIRPERSON – Market Conduct & Development Committee

afsaar
Afsaar Adam

Market Conduct & Development Committee

RODGER
Rodgers Timothy

Market Conduct & Development Committee

tumaini-kamna
Tumaini Kamna

CHAIRPERSON – Social Committee

FREDD
Fredrick Nemes

Social Committee

salma-barkat
Salma Barkat

Social Committee

"ACI FMA’s global reach and long history in education, ethics, and diverse membership has created an international community with local representation.The deep local knowledge of our members and strong transnational network, supported by central coordination, puts ACI FMA in a unique position that assists the Financial Services Market Participants to adapt rapidly to the evolution of our Industry."
Stéphane Malrait​
Stéphane Malrait​CHAIRMAN
"The ACI FMA Tanzania is not merely a player in the Financial Markets but it is the heart of it. It is a financial body that brings together policy makers, financial institutions and clients with the purpose of continuing to educate, innovate, collaborate and develop the Financial Markets, economy as a whole and make a positive impact on the communities it is in."
Juliana Mwapachu
Juliana MwapachuACI FMA Tanzania President 2019 – 2021
"ACI FMA stands as a cornerstone in the development of financial markets, fostering excellence, ethics, and product innovation. Promoting the association's identity and brand is vital; it's a strategic imperative vital to nurturing the growth of its values and driving forward market development. In establishing a strong brand presence, ACI FMA not only reinforces its commitment to industry standards but also cultivates a culture of trust and integrity, paving the way for a resilient and thriving financial landscape."
Nsajigwa Kasyanju
Nsajigwa KasyanjuACI FMA Tanzania President 2022-2024
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Education

Global wholesale financial markets are dynamic and fast changing and these conditions demand highly qualified people with wide-ranging market skills and knowledge. ACI’s Education Programme provides globally acknowledged, portable, professional qualifications that enhance career prospects, improve job performance and set benchmarks within the industry. ACI FMA communicates regularly with a wide range of national Regulators on the education and training of market participants. ACI FMA also works closely with regulatory bodies in a number of countries to ensure that market standards, ACI FMA examinations and regulatory requirements all find common ground.

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FX Global Code

The Code provides unparalleled opportunity for professionals to understand how to conduct themselves in the wholesale financial markets, and is part of the evolution towards the new global standards being developed by the BIS Single FX Code and the FICC Market Standards Board, for global adherence. We are proud to endorse this work and to have formed part of its history.

The FX Global Code is officially endorsed by the FX Committees, central bankers and regulators in over 15 countries, with active participation in its maintenance by all sides of the industry via our Committee for Professionalism. As the wholesale market evolves, the ACI has been part of the leadership team, supporting the industry to adhere to Codes of Conduct, through active engagement, and the multi-dimensional ELAC Portal.

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ACI Tanzania abides by the Tanzanian laws and regulations, and ACI code of conduct recognized by the ACI – The Financial Markets Association.

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FX Global Code

As a condition of membership, all members of ACI FMA and of ACI National Associations are required to accept the principles of behavior and market practice espoused by the FX Global Code and to follow other relevant market-applicable Codes of Conduct endorsed by ACI FMA. ACI FMA may release further guidance and recommended best practice advice from time to time to which members are expected to adhere to.

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