CMA approves license for first authorized securities dealer
Capital Markets Authority (CMA) has announced the approval of Chase Bank of Kenya Limited as the first authorized securities dealer in Kenya under the Capital Markets Act and Regulations. The approval will enable the applicant to carry on the business of buying, selling, dealing, trading, underwriting or retailing of fixed income securities.
According to the Capital Markets Act, an authorized securities dealer is a person authorized to deal in securities and operate in a specified market segment as may be prescribed by the Authority.
Commenting on the development, the Authority noted that it had reviewed the Bank’s application and was satisfied that it had met the requirements of Section 29 of the Capital Markets Act and Regulation 45 of the Capital Markets (Licensing Requirements) (General) (Amendment) Regulations, 2002.
The license will remain in force unless otherwise suspended or revoked following the necessary due process.
More Articles From This Author
Trending Stories
Other Related Articles
-
Accountants and Auditors
Banks
Business Consultants
Clearing and Forwarding
Co-operative Movement
Financial and Tax Consultants
Forex Bureaus
Insurance
Investment Banks
Real Estate
Retail Industry
Small and Medium Enterprises
Stock Brokers
- 2020
- January 2020 (272)
- February 2020 (310)
- March 2020 (390)
- April 2020 (321)
- May 2020 (335)
- June 2020 (327)
- July 2020 (334)
- August 2020 (276)
- September 2020 (214)
- October 2020 (233)
- November 2020 (234)
- 2019
- January 2019 (253)
- February 2019 (216)
- March 2019 (285)
- April 2019 (254)
- May 2019 (272)
- June 2019 (251)
- July 2019 (338)
- August 2019 (293)
- September 2019 (306)
- October 2019 (313)
- November 2019 (362)
- December 2019 (319)
- 2018
- January 2018 (291)
- February 2018 (213)
- March 2018 (278)
- April 2018 (225)
- May 2018 (238)
- June 2018 (178)
- July 2018 (256)
- August 2018 (249)
- September 2018 (256)
- October 2018 (287)
- November 2018 (284)
- December 2018 (185)
- 2017
- January 2017 (183)
- February 2017 (194)
- March 2017 (207)
- April 2017 (104)
- May 2017 (169)
- June 2017 (205)
- July 2017 (190)
- August 2017 (195)
- September 2017 (186)
- October 2017 (235)
- November 2017 (253)
- December 2017 (266)
- 2016
- January 2016 (165)
- February 2016 (165)
- March 2016 (190)
- April 2016 (143)
- May 2016 (245)
- June 2016 (182)
- July 2016 (271)
- August 2016 (248)
- September 2016 (234)
- October 2016 (191)
- November 2016 (243)
- December 2016 (153)
- 2015
- January 2015 (1)
- February 2015 (4)
- March 2015 (166)
- April 2015 (108)
- May 2015 (116)
- June 2015 (120)
- July 2015 (148)
- August 2015 (157)
- September 2015 (188)
- October 2015 (169)
- November 2015 (173)
- December 2015 (207)
- 2014
- March 2014 (2)
- 2013
- March 2013 (10)
- June 2013 (1)
- 2012
- March 2012 (7)
- April 2012 (15)
- May 2012 (1)
- July 2012 (1)
- August 2012 (4)
- October 2012 (2)
- November 2012 (2)
- December 2012 (1)
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
- 2004
- 2003
- 2002
- 2001
- 2000
- 1999
- 1998
- 1997
- 1996
- 1995
- 1994
- 1993
- 1992
- 1991
- 1990
- 1989
- 1988
- 1987
- 1986
- 1985
- 1984
- 1983
- 1982
- 1981
- 1980
- 1979
- 1978
- 1977
- 1976
- 1975
- 1974
- 1973
- 1972
- 1971
- 1970
- 1969
- 1968
- 1967
- 1966
- 1965
- 1964
- 1963
- 1962
- 1961
- 1960
- 1959
- 1958
- 1957
- 1956
- 1955
- 1954
- 1953
- 1952
- 1951
- 1950