The Capital Markets Authority
Corporate Governance Guidelines 2002
Current Constitution of Kenya
The Central Depositories (Regulation of Central Depositories) Rules 2004
The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002
The Capital Markets (Take overs and Mergers) Regulations, 2002
The Capital Markets (Foreign Investors) Regulations 2002
The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009
Capital Markets (Registered Venture Capital Companies) Regulations 2007
Code of Ethics
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..
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..
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..
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..
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..