CMA admits 12th firm into innovation hub

Capital Markets Authority (CMA) CEO Wycliffe Shamiah. PHOTO | DIANA NGILA | NMG

The Capital Markets Authority (CMA) has admitted investment adviser Waanzilishi Capital Limited to its regulatory sandbox programme, making it the 12th inductee into the innovation hub.

The markets regulator set up the incubating platform, which is designed to encourage innovation in the capital markets in May 2019, targeting firms in the fintech sector.

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