Adjudicatory Activities: Adjudicatory Activities

Adjudicatory Activities:

• Adjudicatory Activities:

• The Tribunal had increased case influx and rapid reduction of its caseload

Increased case influx resulting from increased investors’ confidence on the Tribunal

• Increased case influx resulting from increased investors’ confidence on the Tribunal

• Public awareness of the existence and operations of the Tribunal.

• Zeal of new Members in efficient and effective adjudication of capital market disputes brought before them

Lack of Enforcement Powers:

• Lack of Enforcement Powers:

• The Tribunal by virtue of ISA 2007 has no enforcement powers and enforcement of its judgment lies with the Federal High Court . This weakens investors’ confidence on the Tribunal

• Inadequate Office Space:

• The Head office lacks space for befitting Courtroom and offices for

• staff

• Funding:

• Inconsistent release of the paltry budgetary allocation hinders smooth operation.

• Irregular release of the approved capital market development Fund.

• Inadequacy of the fund to meet the requirements of the provisions Sections 280 and 283 (2) of 1SA 2007

• Public Awareness:-

• Need for nationwide sensitization of stakeholdersto re-launch her operations

• Thank You