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

  • Hot Issue : 

    A hot issue is an initial public offering (IPO) that is in great demand. Hot issues are normally oversubscribed. An example is the Safaricom IPO in 2008.

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  • Key Performance Indicators : 

    This is a set of quantifiable measures that a company uses to measure if it is attaining its performance and operational goals. The indicators vary from one company to another and can be financial and/or non-financial.

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  • Basis Point : 

    One hundredth of a percentage point. Example; the difference between 4.50% and 4.75% is 25 basis points.

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  • Hypothecation : 

    This is when a stockbroker accepts an investor’s shares as collateral for a loan to purchase more shares for the investor.

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  • Authorized Shares (Stock) : 

    This is the total number of shares that a company is permitted to issue according to its memorandum and articles of association. This number can only be increased if a resolution is passed to that effect by the majority of the shareholders and an application made to the registrar of companies.

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