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Safaricom's investment scheme gets CMA's nod


THE STANDARD
BUSINESS
Safaricom CEO, PeterNdegwa (centre), with, Cabinet Secretary ICT Joe Mucheru and Acting Director General Mercy Wanjau during the launch of the 5G network at the Micheal Joseph Centre.[Standard]
The capital markets regulator has approved Safaricom’s mobile investment product dubbed Mali.
The move brings the telco a step closer to launching the product that could disrupt retail investing at the Nairobi bourse.
In its latest report on the progress of various investment solutions in its regulatory framework, the Capital Markets Authority (CMA) said the collective investment scheme (CIS) developed in partnership with fund manager Genghis Capital could pose significant regulatory challenges. ....

Nairobi Area , Pezesha Africa , Peter Ndegwa , Pyypl Group , Innova Ltd , Central Bank , Settlement Corporation , Capital Markets Authority , Belrium Kenya Ltd , Genghis Capital , Central Depository , Four Front , Chief Executive Peter Ndegwa , Regulatory Sandbox , நைரோபி பரப்பளவு , பீட்டர் நிடேகுவ , மைய வங்கி , தீர்வு நிறுவனம் , மூலதனம் சந்தைகள் அதிகாரம் , கெஂக்‌ஹிஸ் மூலதனம் , மைய வைப்புத்தொகை , நான்கு முன் , தலைமை நிர்வாகி பீட்டர் நிடேகுவ , ஒழுங்குமுறை சாண்ட்பாக்ஸ் ,

CMA admits seven firms into innovation segment


CMA admits seven firms into innovation segment
Summary
The Capital Markets Authority (CMA) has admitted seven firms into an innovation hub where they will test new products for possible rollout in the local capital markets.
A regulatory sandbox is a safe space in which innovators can test new products and services in a normal environment without the risk of consequences from regulators like the CMA.
It is usually availed to businesses to experiment with new fintech solutions with relaxed regulatory requirements.
Tuesday May 18 2021
By ELIZABETH KIVUVA
Summary
The Capital Markets Authority (CMA) has admitted seven firms into an innovation hub where they will test new products for possible rollout in the local capital markets. ....

Wyckliffe Shamiah , Pezesha Africa , Pyypl Group , Genghis Capital , Settlement Corporation , Capital Markets Authority , Belrium Kenya , Innova Limited , Genghis Capital Limited , Central Depository , Pyypl Group Limited , Belrium Kenya Limited , Four Front Management , Know Your Customer , கெஂக்‌ஹிஸ் மூலதனம் , தீர்வு நிறுவனம் , மூலதனம் சந்தைகள் அதிகாரம் , புதுமை வரையறுக்கப்பட்டவை , கெஂக்‌ஹிஸ் மூலதனம் வரையறுக்கப்பட்டவை , மைய வைப்புத்தொகை , தெரியும் உங்கள் வாடிக்கையாளர் ,