The Tribunal is a civil court for all purposes. It has civil jurisdiction for all disputes arising out of Investments and Securities transactions. The IST has both original and appellate jurisdiction to hear and determine capital market disputes. The panel of the Tribunal comprises of the Honourable Chairman and nine Honourable Members who by virtue of ISA 2007 are professionals with in-depth knowledge and experience in Securities and Investments Laws, Legal and Capital Market Activities. Appeals from decisions of the Tribunal lie to the court of appeal.