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
This is the total amount of money paid in full by shareholders of a company for the purchase of their shares. It is calculated by multiplying the total number of shares issued by the par value of each share..
This is protecting one’s savings from the loss of value that is brought about by inflation by investing in such items whose price will go up with the general rise of prices e.g. equity shares..
This is the winding up of the business of a company either due to bankruptcy or through a resolution passed by its shareholders when the purpose of the company has been fulfilled. The company’s assets are sold and the proceeds pay creditors. Any money remaining thereafter is distributed amongst the shareholders..
This is investing that is guided by one’s ethical principals and not by financial considerations. One may choose to invest heavily in companies that conform to his/her ethical guidelines and decline to invest in companies in certain industries like gambling, alcohol, tobacco..
This is an announcement made by a public company in advance before announcing its earnings indicating that its profits won’t meet previously held expectations. Companies do this to soften the blow to investors..