info[at]kasib.co.ke

KASIB's Acts and Guidelines

CMA Acts :

The Capital Market Authority Act

The Capital Markets Authority

Guidelines :

Corporate Governance Guidelines 2002

Corporate Governance Guidelines 2002

Kenyan Constitution :

The Kenya Constitution

Current Constitution of Kenya

Parliament Acts :

Central Deposit Act

Central Depositories Act 2000

Parliament Acts :

Central Deposit Act

Central Depositories Act 2000

Regulations :

The Central Depositories (Regulation of Central Depositories) Rules 2004

The Central Depositories (Regulation of Central Depositories) Rules 2004

Regulations :

The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002

The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002

Regulations :

The Capital Markets (Take overs and Mergers) Regulations, 2002

The Capital Markets (Take overs and Mergers) Regulations, 2002

Regulations :

The Capital Markets (Foreign Investors) Regulations 2002

The Capital Markets (Foreign Investors) Regulations 2002

Regulations :

The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009

The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009

Regulations :

Capital Markets (Registered Venture Capital Companies) Regulations 2007

Capital Markets (Registered Venture Capital Companies) Regulations 2007

Advocacy

Lobbying

Union

Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Financial Instrument : 

    A financial instrument is a contract that represents a legal agreement involving monetary value. Financial instruments are either equity based; representing ownership of an asset, or debt based representing a loan made by the investor to the owner of the asset; or foreign exchange instruments.

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  • Capital Structure : 

    The capital structure is how a company finances its overall operations and growth by using different sources of funds like long term debt, short term debt, common equity and preferred equity.

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  • Encumbered Securities : 

    These are the securities that are owned by one party but are subject to a legal claim by another party. This normally happens when the securities are used as collateral for borrowing.

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  • Over the Counter (OTC) : 

    This is a market where shares (or other securities) which are not listed in the main stock exchange are traded. These shares are traditionally those of small companies which do not meet the listing requirements of the exchange. For such transactions, brokers negotiate directly with one another through computer and telephony networks. It is also called off-board trading.

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  • Collective Investment Schemes : 

    Collective Investment Schemes are pools of funds from investors that are managed on their behalf by professional money managers who buy a wide range of securities e.g. shares according to the specific investment objectives of the scheme.

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