Regulatory Alerts2019-01-01
Regulatory Sandbox Policy Guidance Note - March 2019
The Capital Markets Authority of Kenya has established a regulatory sandbox to facilitate the live, limited-scale testing of innovative capital market products and services not covered by existing regulations. Applicants must submit a comprehensive business model, exit strategy, and detailed testing and safeguard plans to demonstrate how they will manage risks and protect investors during the trial period. Upon conclusion, the Authority will determine whether to grant formal operational approval, propose new regulatory frameworks, or reject further deployment of the innovation.
Share