ADVOKS GLOBAL · KENYA
The Capital Markets (Licensing Requirements)(General) Regulations, 2025
23. Financial requirements for broker-dealers
Edition: 2025-12-11 · In force
23. Financial requirements for broker-dealers
(1)A broker dealer shall have a paid-up share capital of a minimum amount of seventy million shillings and the level of shareholders’ funds (paid up share capital and reserves) shall not fall below seventy million shillings at any time during the license period.(2)The minimum paid up share capital shall always be unimpaired and shall not be advanced to the directors or associates of the licensee.(3)A broker dealer shall maintain a liquid capital of fifty million shillings or eight per cent of its total liabilities, whichever is higher.