CMA Statement on Licensing Fintrust as Securities Dealer and Stanbic Bank as Corporate Trustee

The Capital Markets Authority has granted two new licenses aimed at enhancing investor confidence and promoting capital markets development in Kenya.

To support efforts in improving liquidity within the fixed income market, the Authority has licensed Fintrust Securities Limited as an Authorised Securities Dealer (ASD). As an ASD, Fintrust will be permitted to buy and sell fixed-income securities on behalf of clients, quote bid and offer prices for various instruments, and provide advisory services—contributing to greater price discovery and trading efficiency.

In line with Regulation 31 of the Capital Markets (Collective Investment Schemes) Regulations, 2023, Stanbic Bank Kenya Limited has been licensed as a corporate trustee. In this role, Stanbic Bank will be responsible for the oversight of collective investment schemes, ensuring compliance, governance, and investor protection.

These approvals reflect CMA's ongoing commitment to strengthening market infrastructure, enhancing investor safeguards, and fostering a more vibrant and resilient capital markets ecosystem.