Capital Markets Authority CMA
Source pages
Who they are
Kenya's capital markets regulator, established by section 5 of the Capital Markets Act; it is also one of the two authorities designated under section 5 of the Virtual Asset Service Providers Act, 2025.
What they do
Its website lists licensing and approvals, development of the regulatory framework, investor protection and education, market development and enforcement of securities laws among its functions. It runs a regulatory sandbox and, under the VASP Act, licenses and supervises virtual asset brokers, advisers, managers and token offering platforms.
Key laws & regulations issued
- Act Virtual Asset Service Providers Act, 2025 (No. 20 of 2025) 2025
- Guideline Regulatory Sandbox Policy Guidance Note (Capital Markets Authority, March 2019) 2019
- Guideline Guidelines on the Prevention of Money Laundering and Terrorism Financing in the Capital Markets (Gazette Notice No. 1421) 2015
- Act Capital Markets Act (Cap. 485A) 1989
Enforcement by this regulator
| Date | Entity | Action | Penalty | Source |
|---|---|---|---|---|
| 19 Nov 2025 | James Mwaura (individual (former general manager, corporate assets, Chase Bank Kenya Limited, in liquidation)) | Prohibition Order Monetary Penalty | KES 2,500,000 | official |
| 19 Nov 2025 | Makarios Agumbi (individual (former general manager, finance, Chase Bank Kenya Limited, in liquidation)) | Prohibition Order Monetary Penalty | KES 3,500,000 | official |
| 19 Nov 2025 | Zafrullah Khan (individual (former chairperson, Chase Bank Kenya Limited, in liquidation)) | Prohibition Order Monetary Penalty | KES 5,000,000 | official |
| 19 Nov 2025 | Ernst & Young LLP (EY) (audit firm (reporting accountant)) | Monetary Penalty Remedial Direction | KES 10,000,000 | official |
Latest news
No news tagged to this regulator yet.
Related regulators
Others in Kenya supervising overlapping sectors.