XM obtained a Kenyan Capital Markets Authority licence and launched a local route for serving Kenyan clients under domestic oversight. The report places the approval within XM's broader African expansion and distinguishes it from the more limited Category 5 promotional licence previously obtained in the UAE.
Key points
- Kenyan services move under local CMA oversight.
- The licence supports local trading access, education and client support.
- Legal entity, client eligibility and current product terms should be checked before use.
What this means
XM clients and prospects affected by the jurisdiction or regulatory framework described
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