Without prejudice to other formal sources of law, the Securities Market Code reserves for itself a huge block of legal provisions that establish the duty to provide information to the market by the issuers with securities listed on the stock exchange, as well as the obligation of financial intermediaries to report weekly to the stock exchange and to the Central Bank, the transactions they carry out in the off-exchange market.
Article 73 et seq. of the abovementioned code lay down the object and content of the information which the issuing entities with securities admitted to trading on the stock exchange must provide to the market, whenever the facts set out therein exist. Those provisions shall also apply to issuers with securities registered with the Central Securities Depository.
This set of legal norms aims to fulfil one of the essential objectives translated into the enhancement of transparency in the securities market in Mozambique.