Regulatory Alerts2020-03-24
Assessment of the Kenyan Capital Markets and Additional Guidance to the Industry in Light of the Corona Virus
The Capital Markets Authority has granted a one-month extension for the submission and publication of audited financial statements originally due in March and April 2020. Disclosure obligations requiring publication in two newspapers of national circulation are suspended until June 30, 2020, with entities instead required to publish disclosures on their own websites, social media platforms, the Nairobi Securities Exchange website, and the Authority's website. Firms remain subject to other regulatory obligations and are advised to consult other relevant regulators regarding requirements outside the Authority's direct mandate.
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