ADVOKS GLOBAL · KENYA
The Capital Markets (Credit Rating Agencies) Regulations
20. Compliance officers.
Edition: 2023-12-15 · In force
20. Compliance officers.
(1)Each credit rating agency shall appoint a compliance officer who shall be responsible for monitoring compliance with the Act, the Regulations and any guidelines, directives, circulars and instructions issued by the Authority in respect of ratings.(2)A compliance officer appointed under subregulation (1) shall immediately and independently report to the Authority any non-compliance by the credit rating agency with the Act, these Regulations or guidelines, directives, circulars and instructions issued by the Authority in respect of ratings.