The Capital Markets Authority (CMA) was set up in 1989 as a statutory agency under the Capital Markets Act Cap 485A. It is charged with the prime responsibility of regulating and developing an orderly, fair and efficient capital markets in Kenya with the view to promoting market integrity and investor confidence. The regulatory functions of the Authority as provided by the Act and the regulations include: Licensing and supervising all the capital market intermediaries; Ensuring compliance with the legal and regulatory framework by all market participants; Regulating public offers of securities, such as equities and bonds & the issuance of other capital market products such as collective investment schemes; Promoting market development through research on new products and services; Reviewing the legal framework to respond to market dynamics; Promoting investor education and public awareness; and Protecting investors' interest.
The International Organization of Securities Commission (IOSCO) is the leading international policy forum for Securities regulators and is recognized as the global standard setter for securities regulation. The Organization’s membership regulates more than 95% of the world’s securities market in more than 115 jurisdictions and it continues to expand. IOSCO aims to cooperate in developing, implementing and promoting adherence to internationally recognized and consistent standards of regulation, oversight and enforcement in order to protect investors, maintain fair, efficient and transparent markets and seek to address systemic risks; Secondly is to enhance investor protection and promote investor confidence in the integrity of securities markets, through strengthened information exchange and cooperation in enforcement and lastly to exchange information at both global and regional levels on their respective experiences in order to assist the development of markets, strengthen market infrastructure and implement appropriate regulatory frameworks.
The World Investor week is a global outreach by securities regulators aimed at raising awareness about the importance of investor education and protection. The WIW 2019, which is the third edition of an initiative of the International Organization of Securities Commissions (IOSCO), will see countries in six different continents executing investor focused activities.
In last year’s WIW 2018, IOSCO members and stakeholders from some 90 jurisdictions on six continents undertook a range of activities, such as offering investor-focused information and services, promoting contests to increase awareness of investor education initiatives, organizing workshops, and conferences and launching local/national campaigns in their respective jurisdictions.
During WIW 2019, Capital Markets Authority which is the Kenyan coordinator, will conduct engagements targeting the public, vernacular radio campaigns, a social media campaign and a scavenger hunt competition on the Resource Centre Portal. These activities are as outlined below:
Its back it’s bigger, its better!
In line with creating incentives for the youth to increase their knowledge and attitude towards the capital markets, the Authority will be running the 3rd edition of the Scavenger hunt competition that is open to all members of the public. To participate, please visit the Resource Centre portal on: www.cmarcp.or.ke and attempt the 10 simple questions. To answer these questions you will be required to scavenge through the portal for the specific answers.
There will be fabulous prizes to be won by participants through a raffle from correct responses to include:
The Scavenger Hunt competition officially closes on Sunday 6th October 2019
An informed investor is a protected investor!!!!!
SERVICE PROVIDERS REQUIREMENTS
Market Certification and Competency Standards - Circular No.1 of 2019
Market Certification and Competency Standards - Circular No.2 of 2019
East Africa’s only annual debt event
This is the only event in East Africa bringing together 250 government officials, corporates, banks, funds and advisors from more than 15 countries to discuss developments of both on- and off-shore capital markets. It is a unique opportunity to hear from over 35 expert speakers, network with the region’s most active issuers and gain direct insight into the way technology is being used in the region’s debt markets. Save time and money by spending valuable face time with all of your key clients, prospects and peers across the region under one roof. There is no other way to gain such wide coverage of the market in such close proximity.
All Capital Markets Authority, Kenya contacts receive a 20% discount. Register online using the special discount code CMA20 .
All Capital Markets Authority, Kenya contacts receive a 20% discount. Register online using the special discount code CMA20
As part of its investor education initiatives, the Capital Markets Authority intends to conduct a National Capital Markets University Challenge beginning July 2018 that will comprise of 5 stages leveraging both technology and standard forums leading to the Grand Finale in November, 2018. This is an inter-university competition that will primarily focus on testing the participants’ knowledge and understanding of capital markets and financial issues.
The challenge will comprise of the following five stages which will be staggered over time through various delivery mechanisms for maximum impact and to allow for effective participation.
Grand winner:
First runners-up:
Second runners-up:
Participants 4-12:
PARTICIPATION IS FREE!!!
