The Uganda Capital Markets Authority issued a regulatory notice confirming that target employees covered by its market certification and competency standards must complete annual Continuous Professional Development (CPD) hours, and that meeting the minimum CPD requirement will form part of representative licence requirements from 1 January 2028. The Authority set the minimum at 35 CPD hours per year, allowing up to 11 hours to be unstructured CPD as determined under its guidance. CPD hours must be obtained through a provider designated and approved by the Authority, and the annual CPD cycle will run from 1 July to 30 June. Affected persons must have acquired the mandatory CPD hours by 30 June 2027 for the CPD cycle running from 1 July 2026 to 30 June 2027.
Uganda Capital Markets Authority 2025-12-08
Uganda Capital Markets Authority mandates 35 annual CPD hours and ties compliance to representative licensing from 2028
The Uganda Capital Markets Authority announced that employees under its market certification and competency standards must complete 35 annual Continuous Professional Development (CPD) hours, with up to 11 hours unstructured, starting 1 January 2028. CPD hours must be obtained from approved providers, with the cycle running from 1 July to 30 June. Compliance with these requirements will be part of representative licence conditions.