ADVOKS GLOBAL · KENYA
The Capital Markets (Conduct of Business) (Market Intermediaries) Regulations
11. Cessation of business
Edition: 2022-12-31 · In force
11. Cessation of business
Where a market intermediary intends to withdraw from a regulated activity, it shall—(a)notify the Authority and each of its clients of its intention; and(b)ensure to the satisfaction of the Authority that any business that is outstanding is properly completed or transferred to another market intermediary.