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Kenya: Capital markets licensing regime overhauled – What market participants need to know?
The Cabinet Secretary for the National Treasury and Economic Planning has published the Capital Markets (Licensing Requirements) (General) Regulations, 2025 (2025 Regulations), overhauling Kenya’s capital markets licensing framework. The new 2025 Regulations repeal the previous regime enacted in 2002 in its entirety and introduce modernised requirements for all capital markets intermediaries. Existing licensees have been given a grace period until 11 December 2026 to comply with any updated requirements. Some of the key changes introduced by…
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