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CMA to shake up boards, C-suites of blue-chip firms with new rules

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Stock Market Capital gains increasing from a Bull Market High Quality. [iStockphoto]

The Capital Markets Authority (CMA) is set to crack down on errant listed firms with the new, stringent corporate governance regulations that are poised to become law. The new Capital Markets (Corporate Governance) (Market Intermediaries) Regulations, 2025, will significantly shake up the boardrooms and C-suites of Kenyan blue-chip firms, some of which have at times been on the spot for governance breaches.

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