ADVOKS GLOBAL · KENYA
The Capital Markets (Corporate Governance) (Market Intermediaries) Regulations
28. Role of management and employees
Edition: 2022-12-31 · In force
28. Role of management and employees
(1)The management of a market intermediary shall implement the board’s policies on risk and internal controls.(2)The management of a market intermediary shall identify and evaluate the risks, that the market intermediary is exposed to for the board’s consideration by the board and design, operate and monitor a suitable system of internal control that implements the policies of the board.(3)The employees shall be responsible for internal control as part of their accountability towards the achievement of the objectives of the market intermediary.