ADVOKS GLOBAL · KENYA
The Capital Markets (Online Foreign Exchange Trading) Regulations
28. The right of the Authority to inspect
Edition: 2023-10-06 · In force
28. The right of the Authority to inspect
The Authority or any person authorized by the Authority may inspect the books of accounts, other records documents and systems of an online foreign exchange broker or money manager, where there is need to—(a)establish that the books of accounts and other books are being maintained in the manner required;(b)ensure that the provisions of the Act, regulations and rules made thereunder are being complied with;(c)investigate any complaints received from investors, other online foreign exchange brokers or money managers, or any other person on any matter having a bearing on the activities of the online foreign exchange broker or money manager; and(d)investigate, on its own motion, in the interest of online foreign exchange business or the interest of investors, into the affairs of an online foreign exchange broker or money manager.