ADVOKS GLOBAL · KENYA
The Capital Markets (Securities) (Public Offers, Listing and Disclosures) Regulations
5A. Appointment of transaction advisor
Edition: 2022-12-31 · In force
5A. Appointment of transaction advisor
(1)Any company proposing to offer its securities to the public or a section of the public shall appoint a transaction advisor.(2)A transaction advisor appointed under paragraph (1) shall be responsible for ensuring that the offer of securities is made in accordance with the provisions of the Act and regulations issued thereunder.(3)A person shall not be eligible for appointment as a transaction advisor unless such person is licensed as an investment bank or is approved by the Authority to act as a transaction advisor for the particular offer of securities.