Commodities Exchange License
Business Type: A commodities exchange is a licensed platform for spot commodity trading, including clearing, settlement, and transfer services. These exchanges facilitate the trading of agricultural products, metals, energy, and other physical commodities. Regulated under the Capital Markets Act and the Capital Markets (Commodities Markets) Regulations, 2020.
Licensing Requirements: Key...
Central Securities Depository License
Business Type: A central securities depository (CSD) is an entity that holds securities in electronic form, facilitates the transfer of ownership, and provides clearing and settlement services for securities transactions. It is established under the Central Depositories Act, 2013.
Licensing Requirements: The applicant must be a company incorporated under the Companies Act with the...
Securities Exchange License
Business Type: Securities exchanges are regulated markets or platforms where securities are offered for sale, purchase, or exchange, including any clearing, settlement, or transfer services. The primary example is the Nairobi Securities Exchange (NSE), which facilitates the trading of equities, bonds, and other financial instruments.
Licensing Requirements: Applicants must be incorporated...
Private Equity: An Alternative Investment
Introduction
Private Equity invests in already existing private companies not listed in the stock exchange that are either promising companies in need of growth and expansion or those in need of ‘repair’. This is done by having a pool of investors investing in a fund; contributes to the fund and buy out the company whereby some changes are made such as change in strategy in reliance on the...