Kenya’s Capital Markets Authority (CMA) has launched a new online reporting system that will now be used by all licensed market intermediaries to submit their regulatory financial returns.
In a circular issued on January 12, 2026, CMA Chief Executive Wyckliffe Shamiah directed all capital market players to move their reporting to the new portal with immediate effect. The platform covers a wide range of regulated entities, including stockbrokers, investment banks, fund managers and licensed online foreign exchange trading firms.
Under the new framework, the portal becomes the only channel through which firms can file their mandatory Risk Based Capital Adequacy returns and financial statements. It replaces the previous online system that had been used for regulatory submissions.
The reporting requirements themselves remain unchanged. Firms must continue to submit monthly RBCA returns together with management accounts within 15 days after the end of each month. Annual RBCA filings, accompanied by audited financial statements, must still be lodged within three months after the close of a company’s financial year.
The directive applies to all institutions licensed by the CMA under the Capital Markets (Licensing Requirements) Regulations of 2002 and the Online Foreign Exchange Trading Regulations of 2017. This means forex brokers, stockbrokers, fund managers, credit rating agencies and other authorised capital market operators must now use the new system for compliance.
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The regulator has urged all licensed firms to familiarise themselves with the new portal and ensure their finance and compliance teams meet the existing deadlines using the upgraded platform.
The announcement comes against the backdrop of wider reforms in Kenya’s capital markets. In 2025, the Nairobi Securities Exchange was upgraded by the FTSE Russell Index Governance Board from “restricted” to “pass” under the Efficient Trading Mechanism category, a move that strengthened Kenya’s standing among global investors. The upgrade followed market reforms, including the introduction of single-share trading and tighter alignment with international trading standards.
