AGADVOKS GLOBALKENYA · ENGLISH
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The Capital Markets (Licensing Requirements)(General) Regulations, 2025

50. Grant of licence.

Edition: 2025-12-11 · In force

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50. Grant of licence.

(1)The Authority shall, if satisfied that an applicant has met all the requirements for licensing and upon payment of the fees set out in the Sixth Schedule, grant a license to operate.
(2)The Authority may impose such conditions or restrictions as it thinks fit and the Authority may, at any time by written notice to the licensee holder, vary any condition or restriction or impose further conditions or restrictions.
(3)The licensed entity shall be required to pay an annual regulatory fee as set out in the Sixth Schedule.
(4)A license granted shall remain valid unless suspended or revoked by the Authority in accordance with sections 26 and 26A of the Act.
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Source: Kenya Law