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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. ....
Safaricom's investment scheme gets CMA's nod standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
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. ....
Capital Markets Authority admits seven firms in regulatory sandbox standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.