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Our code of ethics

General provisions

•  Purpose

This Code is intended to guide investment service providers at the securities market, collectively being members of the Kenya Association of Stockbrokers and Investment Banks, in ensuring professionalism, high ethical standards and fair play while carrying out their professional activities. The paramount objective of the Code is to promote and uphold good business conduct, ethics, professionalism and discipline amongst members of KASIB at all times in order to ensure provision of quality professional investment services in Kenya .

•  Scope

•  The Code shall be binding on all Members of KASIB and shall be enforceable by or against any member of KASIB.
•  The Code is not intended to replace, amend or vary any of the provisions of the laws currently in force relating to capital markets business in Kenya .

•  Interpretation
•  In this Code unless the context provides or requires otherwise;

Member¯ means a person who has been admitted to membership of the Kenya Association of Stockbrokers and Investment Banks;
KASIB¯ means Kenya Association of Stockbrokers and Investment Banks;
NSE means Nairobi Stock Exchange
The Automated Trading System (ATS)¯ has the meaning attributed to it under the relevant rules of the KASIB;
The Code means this Code of Conduct as amended from time to time;

•  Reference to the relevant authorities, the regulator or the licensing authority shall be deemed to include both the Capital Markets Authority and the NSE;

•  Reference to any statutory provision or any law shall be deemed to be reference to that law as amended from time to time and to all rules, regulations and directives issued thereunder and shall include rules made by KASIB;
•  Words importing masculine gender only include the feminine and all other genders and vice versa;
•  Words importing singular number only include the plural number and vice versa.