ADVOKS GLOBAL · KENYA
The Capital Markets (Commodity Markets) Regulations
15. Advisory committee
Edition: 2022-12-31 · In force
15. Advisory committee
(1)The board of a commodity exchange shall establish an advisory committee mandated to advise the board on non-regulatory and operational matters including product innovation and design, technology, charges and levies.(2)The advisory committee shall comprise persons with technical expertise on commodity markets matters or capital markets.(3)The Chairperson of the board and the chief executive officer shall attend every meeting of the advisory committee.(4)The advisory committee shall meet at least four times a year, but a period of three months shall not lapse between the date of one meeting and the next meeting.(5)The recommendations of the advisory committee shall be tabled at the meeting of the board of the commodity exchange for consideration and by the board.