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Kenya’s Capital Markets Authority (CMA) has for the fifth year been feted as the ‘Most Innovative Capital Markets Regulator in Africa 2019’ by the International Finance Magazine.

This is in recognition of its ongoing efforts to facilitate innovations in the capital market in Kenya, East Africa’s economic powerhouse.

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“The Authority is pleased to receive this recognition for the fifth consecutive year from this respected publication, which is a testament to the authority’s commitment to supporting innovation as a catalyst for transformative growth of the capital markets,’ said CMA Chief Executive Paul Muthaura.

At the core of its strategic objectives, CMA aims to leverage technology to drive efficiency in the capital Markets value chain.

“We target to effectively balance robust regulatory and compliance requirements with the objectives of market deepening and growth.   This involves consistent evaluation of regulatory approaches …