The Committee shall broadly address all matters trade and technical. These shall include legislative, regulatory, privatization, new listings, new products etc.
The Committee shall address the numerous problems that were associated with the Safaricom IPO refunds and seek ways by which Members can be refunded the monies owed to them and held at Citi Bank.
The Committee shall address Training and Certification of Members and agents, including resolving and seeking clarity on the current ICIFA / CISI certification.
The Committee shall explore ways by which KASIB shall raise funds both in the medium and long term.
Code of Ethics
This is a financial institution with the legal responsibilities and mandate to manage and safe-keep a customer’s securities..
Corporate Governance is the set of processes, laws, and institutions that guide the way by which businesses are regulated, operated and controlled. It also describes the ways by which rights and responsibilities are shared between the various participants, especially the management and the shareholders..
It is also referred to as long position. This is the state of actually owning stock with the expectation that the asset will rise in value. One is said to have a ‘long position’ in a company if he/she owns shares in that company..
This is the diverse collection of investments owned by the same individual or organization. This collection may include shares (which is investing in companies) or bonds (which is investing in debt) or mutual funds (which is pooling your money together with others to make investments). One creates a portfolio by deciding which avenues to invest in depending on his/her investment objectives and risk tolerance..
Capital Reserves comprise of a company’s profits that are not normally distributed as cash dividends to shareholders. They can however be distributed as permanent share capital by way of bonus issues..