CySEC Put Cyprus Brokers on Notice in Last Week’s Conflict-of-Interest Sweep
CySEC has told Cyprus brokers to prepare for on-site inspections and desk reviews focused on conflicts of interest and retail product sales.
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Abstract:Capital.com secures a Kenyan CMA licence and appoints Samwel Kiraka as CEO, marking a major step in its Africa expansion strategy.

Capital.com has finally expanded its global presence by launching operations in Kenya after obtaining an official licence from the Capital Markets Authority (CMA). With this approval, the trading platform is now authorized to operate as a Dealing Online Foreign Exchange Broker, enabling it to offer regulated forex and trading services to Kenyan clients.
To lead the newly established entity, Capital.com has appointed Samwel Kiraka as Chief Executive Officer for its Kenyan branch. Kiraka will be responsible for implementing local governance frameworks, ensuring compliance with CMA requirements, and overseeing day-to-day operations.

He noted that the company‘s immediate goal is “to build local operations that meet regulatory and operational expectations from day one,” emphasizing Capital.com’s commitment to transparency and market integrity.
Capital.coms entry into Kenya adds another milestone to its expanding global regulatory portfolio. The firm already holds licences in the United Kingdom, Cyprus, Australia, the Bahamas, and the United Arab Emirates. Recent filings also confirm applications for additional approvals in South Africa, Japan, and Turkey, indicating an accelerated growth strategy focused on multi-jurisdictional compliance.
Executive Director Valentina Rzheutskaya explained that operating under domestic regulatory supervision remains central to the companys long-term strategy. “The CMA licence provides a clear framework for how we operate—defining standards for risk communication, client support, and operational controls,” she said.

Kenya has emerged as a dynamic hub for online trading in Africa, attracting several international brokers eager to capture the growing retail investor base. Firms such as IC Markets, FP Markets, Pepperstone, Exness, Admirals, INGOT Brokers, Scope Markets, and Exinity are all licensed by the CMA and have already established local offices.
Industry analysts suggest that Capital.coms entry reinforces a trend among global brokers seeking tighter regulatory alignment in emerging markets. With stronger oversight, these entities aim to enhance investor trust while ensuring compliance with evolving regional financial frameworks.
Founded with a mission to make trading more accessible and transparent, Capital.com operates a multi-asset platform serving clients worldwide. Its expansion into Kenya underscores the companys continued pursuit of responsible global growth grounded in regulatory compliance and client protection.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

CySEC has told Cyprus brokers to prepare for on-site inspections and desk reviews focused on conflicts of interest and retail product sales.

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