Regulations and Market Practice (Kenya) study guide
Regulations and Market Practice (Kenya) · Work through your exam, one topic at a time.
Regulations and Market Practice (Kenya) is a professional examination that tests whether a candidate can apply Kenyan financial-sector rules to realistic workplace situations. It suits compliance officers, risk and audit staff, operations and settlement personnel, relationship managers, legal counsel moving into financial services, and graduates entering banks, brokers, fund managers or fintechs. The Regulations and Market Practice (Kenya) study guide has 9 sections and about 2,451 words.
01Kenyan Regulatory Architecture and Supervisory Authorities
Kenya regulates financial services through a sectoral model rather than a single unified authority. The exam tests whether you can map an activity to the correct statute and supervisor, and whether you understand where mandates overlap.
336 words, about 2 min02Licensing, Authorisation and Market-Entry Requirements
This domain tests entry gateways: who must be licensed, what evidence is required, and what conditions continue after authorisation. The exam favours scenarios where a firm assumes its home licence or exchange membership is enough.
291 words, about 1 min03Capital Markets and Securities Regulation
This domain tests public offers, listing, intermediaries and continuous disclosure. The exam distinguishes CMA approval from NSE admission and tests whether exemptions are assumed rather than analysed.
280 words, about 1 min04Banking and Financial Institutions Regulation
This domain tests prudential regulation: licensing, capital, liquidity, governance and supervisory intervention. Scenarios often confuse CBK powers with CMA or deposit-insurance protection.
269 words, about 1 min05Anti-Money Laundering, Counter-Terrorist Financing and Sanctions
This domain tests POCAMLA duties, FRC reporting, risk-based CDD and targeted financial sanctions. Kenya's FATF grey-listing in February 2024 makes enhanced supervision and evidence of effectiveness especially examinable.
248 words, about 1 min06Conduct of Business, Client Assets and Consumer Protection
This domain tests fair treatment, disclosure, suitability, conflicts and custody of client assets. The exam often uses a firm that treats client money as working capital or hides behind deposit insurance.
262 words, about 1 min07Market Structure, Trading Venues and Settlement
This domain tests how trades execute, clear and settle, and which institution performs each function. The exam separates the exchange, the regulator, the CSD and the central bank.
249 words, about 1 min08Market Abuse, Disclosure and Insider Dealing
This domain tests inside information, tipping, manipulation and issuer disclosure. The exam rewards precise analysis of who is an insider and when information becomes public.
241 words, about 1 min09Data Protection, Confidentiality and Record-Keeping
This domain tests the Data Protection Act 2019, sector confidentiality and retention periods. The exam often presents a request for customer data and asks whether the firm can disclose it.
275 words, about 1 min