Introduce legislation to allow the demutualization of the Nairobi Stock Exchange, to remove the conflict of interest from the governing body of the exchange and to strengthen capital markets.
Introduced at R0. For assessment at R1. Macro criticality: Demutualization of the Nairobi Stock Exchange is essential for the development of deeper financial markets that will enhance financial stability. At R1, Completed in January 2011 (guidelines were introduced as the Attorney General ruled that a new Law was not needed).