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

7. Strategic direction and control

Edition: 2022-12-31 · In force

7. Strategic direction and control

The board shall—

(a)give strategic direction to a market intermediary;

(b)ensure the integrity of a market intermediary’s accounting and financial reporting systems, including the independent audit, and that the appropriate systems for risk management and financial and operational control are in place;

(c)maintain control and monitor the management of a market intermediary in implementing its plans and strategies; and

(d)ensure that the market intermediary complies with the Act and other relevant legislation.

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Source: Kenya Law