CMA: The Capital Markets Authority was set up in 1989 as a statutory agency under the Capital Markets Act. It is charged with the prime responsibility of both 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.
ICPAK: Is a statutory body that regulates the profession of accountancy in Kenya. The Institute has achieved recognition as a professional body for its contribution in finance and accounting education, governance, professional development, maintenance of high accounting, auditing and ethical standards. As a professional body concerned with protection of public interest, ICPAK is one of the most active thought leaders in governance and economic matters in the country and the region.
NSE: The Nairobi Securities Exchange (NSE) is the only licensed securities exchange in Kenya. Besides equity securities, the NSE offers a platform for the issuance and trading of debt securities. In terms of market capitalization of domestic equities, it is Africa’s fifth largest securities exchange. The NSE is a founder member of the African Securities Exchanges Association (ASEA). It sits on the Executive Committee of the Association and also runs the Secretariat for ASEA. The NSE is a founder member of the East African Securities Exchanges Association (EASEA). It is an affiliate member of the World Federation of Exchanges (WFE).
PUBLIC SECTOR ACCOUNTING STANDARDS BOARD (PSASB): The PSASB is a statutory body established under Section 192 of the Public Finance Management Act (PFM) No. 18 of 2012. The Board is mandated to provide frameworks and set generally accepted standards for the development and management of accounting and financial systems by all state organs and public entities.
“Inspiring Confidence through Excellence in Financial Reporting and Corporate Governance in East Africa.”
For more information contact: firstname.lastname@example.org OR Call +254753951347 or +254713904450