VFEX to Enforce Mandatory Digital Regulatory Submissions via Compliance Direct

 

The Victoria Falls Stock Exchange has announced that all listed companies and licensed brokers will be required to submit official correspondence and regulatory documentation exclusively through the Compliance Direct platform starting January 1, 2026.

The directive is outlined in VFEX Practice Note 3, issued on 24 October 2025 by Chief Executive Officer Justin Bgoni, and is intended to standardize record-keeping, enhance data security, and improve the efficiency of regulatory processes.

According to the practice note, issuers and brokers must use the platform for all formal inquiries, regulatory filings, reports, disclosures, and other legal or administrative submissions.

“Any correspondence, filing, or document required to be submitted via Compliance Direct that is instead sent through alternative channels such as personal email or physical mail will be deemed not officially received,” VFEX said.

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The exchange noted that it will not be responsible for delays or any inaction resulting from documents submitted outside the designated system. The official receipt timestamp will be determined only by the successful upload of documents onto the platform.

However, VFEX clarified that routine communication—such as general queries, meeting coordination, and informal discussions—may continue through traditional email, though these will not be recognized as official submissions.

A transition period is in place from 24 October to 31 December 2025, during which the use of Compliance Direct is optional. Full compliance becomes mandatory on 1 January 2026 for all entities operating under VFEX’s jurisdiction.

VFEX also indicated that in the event of any technical system failures, an alternative submission procedure will be communicated to stakeholders.

Those seeking support with access or system navigation have been advised to contact the VFEX Legal Department via legal@zse.co.zw.

 

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