The Capital Markets (Licensing Requirements)(General) Regulations, 2025

32. Financial requirements for dealers

Edition: 2025-12-11 · In force

32. Financial requirements for dealers

(1)A dealer shall have a paid-up share capital of a minimum amount of twenty million shillings and the level of shareholders’ funds (paid up share capital and reserves) shall not fall below twenty 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 dealer shall maintain a liquid capital of ten million shillings or eight per cent of its total liabilities, whichever is higher.

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Source: Kenya Law