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Tuesday, 09 February 2010
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Mandate of the Authority
The Capital Markets Authority is established by an Act of Parliament to promote, regulate and facilitate the development of an orderly, fair and efficient Capital Markets in Kenya.
 
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REINSTATEMENT OF EQUITY BANK AS A CDA

We refer to the attached letter dated 8th April 2009 in which CDSC suspended Equity Bank Limited as a Central Depository Agent (CDA) from today for 14 days following a payment dispute.


 

 

In accordance with the Central Depository Act 2000, the Capital Markets Authority (CMA) is required to approve the suspension procedure. This was not done. Furthermore, any suspension by CDSC should only be effected after consultation with CMA. This was also not done.

We have accordingly directed CDSC, as per our attached letter dated 8th April 2009, to immediately reinstate Equity Bank as a CDA while the issue is being arbitrated by CMA.

We have taken this action in the interest of investors and to preserve the integrity of the capital market.

Mrs Stella Kilonzo
CHIEF EXECUTIVE


April 8, 2009

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Highlights
Ngenye Kariuki And Company Limited

In furtherance of fulfilling its mandate, the Capital Markets Authority (The Authority) has been undertaking a comprehensive set of reforms aimed at promoting, regulating, and facilitating the development of orderly, fair and efficient capital markets in Kenya.   A key component of these reforms has been focused on measures to safeguard the integrity of the capital markets, strengthen investor confidence, and thereby enhance and broaden investor participation in the market. This is primarily because the Government is well aware that failure to do this will prevent us from positioning the capital markets industry to play the pivotal role that it is expected to play in achieving our development objectives as outlined under Vision 2030.

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CMA ATTAINS ISO 9001:2008 CERTIFICATION

The Capital Markets Authority was yesterday presented with the coveted ISO 9001:2008 certificate by the Kenya Bureau of Standard Ag Deputy Managing Director, Ms. Evelyn Oduor. 

Speaking at the award ceremony that was held at the Authority’s offices at Reinsurance Plaza Ms. Stella Kilonzo the Authority’s Chief Executive said that; “This ISO 9001:2008 certification is an important validation of our commitment to delivering the highest quality services with superior customer satisfaction. It will certainly be a foundation on which we will scale greater heights in improved customer service and quality service delivery”. 

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Authority approves renewal of two commercial papers totaling kshs. 204M;
Nairobi January 28, 2010. The Capital Markets Authority (CMA) has granted approval for the renewal of a commercial paper Program of Kshs. 64 million by Ecta (Kenya) Limited and the renewal of a Commercial Paper Program of Kshs. 140 Million by Kzanaka Limited (formerly Cooper Kenya Limited).


 

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Press Communique - 28th consultative meeting of EASRA

East African member states securities regulatory Authorities (EASRA)

PRESS COMMUNIQUE

 28th  CONSULTATIVE  MEETING OF EASRA HELD ON WEDNESDAY 05 AUGUST 2009 AT LAKE NAIVASHA SIMBA LODGE, NAIVASHA KENYA.

 click here to download full report

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CMA launches its strategic plan and the service delivery charter
CMA launches its strategic plan and the service delivery charter Click here to get the full story.
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Our Mission
ImageTo facilitate the development of orderly, fair, & efficient capital markets in Kenya through effective regulation that encourages innovation & safeguard market integrity._
 
Our Vision

ImageTo be a trusted and proffessional regulator and promoter of deep and vibrant capital markets in Kenya.

 
© 2010 Capital Markets Authority