Capital Markets Authority of Kenya

For other uses, see Capital Market Authority.
Capital Markets Authority
Agency overview
Formed December 15, 1989 (1989-12-15)
Type Government Agency
Jurisdiction Republic of Kenya
Headquarters Nairobi, Kenya
Website www.cma.or.ke

The Capital Markets Authority of Kenya, also Capital Markets Authority (CMA), is an independent government regulating agency responsible for supervising, licensing and monitoring the activities of market intermediaries, including the stock exchange.[1] and the central depository and settlement system and all the other persons licensed under the Capital Markets Act of Kenya.[2] The Capital Markets Authority (CMA) provides regulation for the financial services sector by providing guidelines for the asset allocation. In the Capital Markets Act Cap 485A amended in 2013 guidelines for the amount of funds to be invested in each class of assets i.e. equities, government bonds and bills are given in ranges.[3]

Establishment

The Capital Markets Authority is a corporate body with perpetual succession and a common seal and capable in its corporate name of:

Objectives

The main objectives of the CMA are stated to be:-

Composition

The Authority consists of -

Management

The current members of the CMA Board of Directors are:[4]

See also

References

External links


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