The Capital Markets (Corporate Governance) (Market Intermediaries) Regulations

4. Fit and proper requirements for appointment as director

Edition: 2022-12-31 · In force

4. Fit and proper requirements for appointment as director

A market intermediary shall not appoint a person to be a director unless that person—

(a)is fit and proper to hold such position; and

(b)has undergone a relevant trainihg on corporate governance:

Provided that a market intermediary shall engure that any person appointed as a director undergoes corporate governance training within six months of appointment.[L.N. 115/2013, r. 3.]

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Source: Kenya Law