Browsing: banking and insurance

• Kenya’s Capital Markets Authority will examine corporate governance reporting templates and assessment methods for all its issuers.
• This initiative ensures continued relevance in the financial landscape while enhancing accuracy to align with global standards.
• The industry watchdog is also exploring integrating sustainability into the listing requirements.

The Capital Markets Authority in Kenya is poised to conduct a comprehensive regulatory examination of corporate governance reporting templates and assessment methods for all its issuers. This initiative aims to ensure ongoing relevance in the financial landscape and enhance accuracy to align with global standards.

Details contained in the regulator’s latest report indicate that this exercise will promote transparency, accountability, and investor confidence in the capital markets sector. This came when the bourse recorded an overall improvement in corporate governance practices in the 2022/2023 financial year.

According to the CMA, during the review period, the annual weighted overall score by all issuers experienced …