The building that houses the Central Bank of Kenya (CBK) is a cold fortress. It could be this isolation, why the staff of the CBK think they are revered that the rest. But they are slowly becoming relics, ill equipped to regulate the banking industry of the modern age. Three Kenyan banks have collapsed … Continue reading Promote Stress Testing to Prevent Collapse of Kenyan Banks
Month: July 2018
Kenya has banned Front Running
The Capital Markets Act (Amendment) Bill, 2018 has been tabled before parliament. The Bill seeks to amend the Capital Markets Act to criminalize an act known as front running. There is a background to this legislative proposal. The Central Bank of Kenyan and the Capital Markets Authority have one thing in common. They both … Continue reading Kenya has banned Front Running