Regulatory Alerts2020-01-01
Capital Markets (Coffee Exchange) Regulations, 2020 and Capital Markets (Commodity Markets) Regulations, 2020
These regulations establish a comprehensive legal and operational framework for the licensing and governance of coffee exchanges, commodity exchanges, and brokers in Kenya. They institute a mandatory direct settlement system to ensure transparent and expedited payments to growers while setting stringent requirements for licensing, financial auditing, and trade dispute resolution. Furthermore, the regulations prohibit market abuses like bucketing and manipulation, mandating strict segregation of client funds and robust operational safeguards to maintain market integrity and investor protection.
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