As the regulator of the Eswatini Stock Exchange (ESE), the Financial Services Regulatory Authority (FSRA) is committed to fostering a robust and compliant financial ecosystem.
FSRA Chief Executive Officer (CEO) Ncamiso Ntshalintshali said while ESE leads innovative initiatives, FSRA supported the efforts by ensuring that they aligned with regulatory standards and promote investor confidence.
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He was reacting to the launch of a three-day carbon market training programme; a collaboration between ESE, FSRA, Republic of China (Taiwan) Embassy and the Central Bank of Eswatini.
He said their mandate prioritised regulatory compliance, market integrity and the protection of investors by ensuring that financial innovations were developed within a framework of transparency and accountability.
The CEO added that FSRA’s role was to ensure that the efforts adhered to regulatory standards, fostering a credible and compliant carbon market framework that supports inclusive growth and local enterprise participation.
He said their involvement in the programme reflected their strategic priorities of ensuring regulatory compliance and investor protection in emerging financial markets, including carbon markets, promoting a transparent and resilient financial system that aligns with global standards and more.
“This training programme aligns with our broader objective of supporting sustainable finance initiatives that contribute to Eswatini’s economic and environmental goals. The Taiwan Carbon Solution Exchange (TCX), ESE signed a Memorandum of Understanding (MoU), a partnership that the FSRA strongly supports.
This collaboration provides access to technical expertise and international best practices in carbon trading, reinforcing the productive relationship between Eswatini and Taiwan. Grounded in shared goals of innovation and sustainability, this partnership enables Eswatini to adapt global carbon trading lessons to our local context,” he said.
Adding, he said they were working to integrate environmental, social, and governance (ESG) principles into their regulatory framework with guidelines that would ensure that market participants, including those engaging in carbon finance, operate with transparency and accountability, enhancing investor confidence and fostering climate-aligned investments.
Collaboration
He emphasised that carbon markets thrived on collaboration between regulators, innovators, public institutions and private enterprises.
He also said FSRA was committed to supporting different efforts by ensuring compliance, protecting investors and fostering a transparent market environment.
“The three-day training is an investment in Eswatini’s readiness for the carbon economy. Participants will explore key concepts such as voluntary carbon credits, carbon offsets, certified emission reductions and verified carbon units. These are not just technical terms, they represent economic assets capable of attracting international investment, funding conservation efforts and empowering communities through sustainable enterprise.
By embracing the carbon economy early, Eswatini can position itself as a responsible and forward-looking market player within the Southern African Development Community (SADC) region and beyond, with FSRA ensuring that these opportunities are pursued within a robust regulatory framework,” Ntshalintshali added.
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