RegAlertRule · CBK · 24 Jul 2015 · 1257330489
Banking Circular No 4 of 2015 - Authorized Foreign Exchange Dealers-Brokers
The Central Bank of Kenya has authorized ICAP Voice Brokers to operate in the Kenyan foreign exchange market, allowing commercial banks to utilize their services. The bank is also engaging with other Voice Broking Service Providers and will announce their approval to operate once finalized. This information is conveyed in Banking Circular No. 4 of 2015, addressed to all chief executives of commercial banks and authorized foreign exchange dealers/brokers.
BANKI
CENTRAL
BANK OF
KUU YA
KENYA
KENYA
Haile Selassie Avenue P. O. Box 60000 - 00200 Nairobi, Kenya Telephone: 2860000, Fax: 340192 BANKING CIRCULAR NO 4 OF 2015 TO: ALL CHIEF EXECUTIVES OF COMMERCIAL BANKS AUTHORISED FOREIGN EXCHANGE DEALERS /BROKERS This is to inform you that the Central Bank of Kenya has authorized ICAP Voice Brokers to operate in the Kenya foreign exchange market and commercial banks may therefore use the services of ICAP.
In the meantime, the Central Bank of Kenya continues to engage other Voice Broking Service Providers and will inform the market once they are approved to operate.
GERALD A. NYAOMA
DIRECTOR, FINANCIAL MARKETS
28 May 2015
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- Referred to by
“Further to circular no. 4 of 2015, we hereby inform you that the Central Bank of Kenya has authorized Micromega Africa Money Brokers (MAMB) as an inter-dealer broker in the domestic foreign exchange market.”
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