The Capital Markets Authority (CMA) in Kenya has launched a new online financial reporting platform for risk-based capital adequacy (RBCA) returns, effective January 9, 2026. This mandatory system replaces the previous portal to enhance oversight and compliance across the nation's capital markets.

• The new platform requires monthly and annual RBCA returns, along with corresponding financial statements, to be submitted electronically by licensed market intermediaries.
• Affected entities include stockbrokers, investment banks, fund managers, and other firms under CMA’s regulatory oversight.
• The system aims to improve reporting discipline, data quality, and enable more timely regulatory intervention, signalling a push towards a more data-driven and transparent capital markets environment.