Tag:Capital Markets Authority of Kenya

1
Australian and Kenyan financial regulators sign co-operation agreement

Australian and Kenyan financial regulators sign co-operation agreement

By Jim Bulling and Michelle Chasser

The Australian Securities and Investments Commission (ASIC) and the Capital Markets Authority of Kenya (CMA) have signed a co-operation agreement to share information about innovation in their markets including:

  • emerging market trends and developments; and
  • regulatory issues relating to innovation in financial services.

Kenya was an early adopter of FinTech with the launch of mobile phone based payments system M-Pesa back in 2007. It has since become one of the leading FinTech countries in Africa particularly in payments and credit innovations.

Read More

Copyright © 2024, K&L Gates LLP. All Rights Reserved.