1. Elaborately discuss the financial sector regulatory structure in Kenya; clearly indicating the roles, institutions/regulators under each...
Question:
1. Elaborately discuss the financial sector regulatory structure in Kenya; clearly indicating the roles, institutions/regulators under each of the following;
a. Central bank
b. Retirement benefit authority
c. Insurance regulatory authority
d. Capital market authority
e. Micro finance institutions
f. Investment banks and stock brokers
g. Pension funds
h. Investment companies
i. Sacco Societies Regulatory Authority (SASRA) and Finance companies
2. Discuss any regulatory overlaps among the regulators discussed above.
3. Discuss the products under each of the regulators above.
4. Discuss the objectives of financial sector regulation.
5. Discuss the financial and non-financial roles played by the above financial institutions.
6. The regulatory authorities have adopted various measures to encourage business continuity in the wake of Covid -19. Discuss measures instituted by CBK and CMA.
QUESTION TWO
Discuss the various risks faced by financial institutions and clearly highlight the strategies adopted by the institutions to mitigate the risks.
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-1259730191
4th edition
Authors: Steven Mintz, Roselyn Morris