ADVOKS GLOBAL · KENYA
Capital Markets Act
18H. Directions to a self-regulatory organization
Edition: 2025-12-11 · In force
18H. Directions to a self-regulatory organization
(1)The Authority may, after giving a self-regulatory organization a reasonable opportunity to be heard in respect of any matter, give a direction, in writing, to the self-regulatory organization in terms of this section.(2)A direction given under subsection (1) may—(a)suspend any provision of the constitution or rules of a self-regulatory organization for a period specified in the direction;(b)require a self-regulatory organization, subject to the Companies Act (Cap. 486) or any other law, to amend its constitution in the manner specified in the direction so as to bring it in conformity with this Act, or any other law;(c)require a self-regulatory organization to amend its rules; or(d)require a self-regulatory organization to implement or enforce its constitution or its rules.