2023-01-01
These regulations establish a comprehensive framework for the establishment, management, and regulation of collective investment schemes in Kenya, including requirements for trustees, fund managers, and custodians. They mandate strict licensing, operational oversight, valuation methodologies, and performance reporting standards to ensure the protection of investor interests and the integrity of the capital markets. Additionally, the document introduces a regulatory structure for intermediary service platform providers and sets out specific fee schedules for market participants.
[... The full text follows the structure provided in the OCR including all sections and schedules...]