Press Releases
CMA approves establishment of new Unit Trust Sub-Funds
Nairobi, 01 August 2024…The Capital Markets Authority (CMA) has approved the registration of new unit trust sub-funds pursuant to the Capital Markets Act, the Capital Markets (Collective Investment Schemes) Regulations, 2001 and the Capital Markets (Alternative Investment Fund) Regulations, 2023. ‘Interest in Collective Investment Schemes (CIS) has been driven mainly by increased awareness in the […]
CMA approves registration of Arvocap Asset Managers Unit Trust Scheme
Nairobi, 15 May 2024…The Capital Markets Authority (CMA) has approved the registration of Arvocap Unit Trust Scheme pursuant to the Capital Markets Act and the Capital Markets (Collective Investment Schemes) Regulations, 2001.The collective investment scheme comprises 10 sub-funds including Money Market Fund, Ngao Fixed Income Distribution Fund, Almasi Fixed Income Accumulation Fund, Eurofix Fixed Income […]
East African Securities Regulators agree on to develop regional frameworks for sustainability linked financing and carbon credit markets.
Nairobi, 3rd May 2024, The regional capital markets regulators, under the umbrella of East African Securities Regulatory Authorities (EASRA) have resolved to develop a regulatory framework for sustainable finance with a view to developing a harmonised regional framework. The framework will provide standards for regulating sustainability linked issuance of securities, use of proceeds, projects evaluation, […]
CMA enhances competition, grants five new licenses
Nairobi, 7 May, 2024…Capital Markets Authority has given the greenlight to five new firms to operate in the industry in different capacities in the latest move to deepen and develop the capital markets. In line with the Capital Markets (Licensing Requirements) (General) Regulations 2002, Tim Walsh Advisory Services has been licensed as an Investment Adviser […]
