Regional Regulations

CISI Regulations and Market Practice (Kenya)

Guarantee your first-attempt success with our smart approach for learning and memorizing. Replace boring workbooks with an interactive mentor that dramatically increases your passing rate and mastery of the CMA Kenya regulations.

250 Practice Questions Detailed Study Notes Realistic Mock Exams
CISI Regulations and Market Practice (Kenya)
Official CISI Partner CISI Academy

Updated for 2026. 100% matching with the latest official workbook revisions.

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🎧 Audio

* This is a chapter sample. All audio is available in the full version.

CISI Regulations and Market Practice (Kenya) with Smart Practice

A complete preparation system designed for capital market professionals in Kenya to pass their CISI licensing exam on the first attempt.

Our intelligent learning platform provides you with exam-focused mock simulators, digital flashcards, and an AI tutor that explains complex CMA regulations and NSE trading rules simply.

Key Benefits

AI Audio Summaries New

Listen to course modules on the go. Practice anytime, anywhere - even while driving or commuting.

  • Studio-quality AI voice narration.
  • Perfect for auditory learners.
  • Maximize your study time during daily commutes.
Listen to a sample

Five Full Exam Simulators

Don't just memorize - practice under pressure with multiple mock exams.

  • Timed Real Exam Mode: Replicates actual environment.
  • Topic-by-Topic Drill Mode: Focus on weak areas.
  • Adaptive Challenge Mode: Difficulty that adjusts to you.

Interactive AI Chat Tutor

Get instant, personalized explanations for any concept.

  • Breaks down complex topics simply.
  • Explains why wrong answers are wrong.
  • Available 24/7 for instant help.

AI Mentor & Performance Analyzer

Track your readiness and identify weak points automatically.

  • Pinpoints weak syllabus areas automatically.
  • Generates targeted study plans based on performance.
  • Predicts exam readiness accurately.

Rapid-Recall Flashcards

Memorize key numbers, licensing fees, and timelines.

  • Spaced repetition style learning.
  • Focus on exact numbers, percentages, and days.
  • Quick review on the go.
New course feature

Learn first. Then prove you’re ready.

Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.

Study Mode

Instant feedback & explanations

Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.

  • Feedback after every choice
  • The correct answer shown clearly
  • A concise explanation while it matters
Exam Mode

Realistic exam simulation

Work against the official-style timer without revealing answers, then review your score and every explanation after submission.

  • Timer mirrors the exam duration
  • Answers stay hidden during the attempt
  • Score and explanations after submission

Syllabus

Module 1: Chapter 1: The Regulatory Framework 10% syllabus weight

🎧 Audio

The legal framework, role of the CMA, and the CMA licensing of capital market intermediaries.

  • CAP 485A of the Laws of Kenya
  • Role and Powers of the CMA
  • Capital Markets Tribunal
  • Licensing requirements and fees
  • Regulatory Sandbox

Module 2: Chapter 2: Licensing and Capital Adequacy of Market Intermediaries 4% syllabus weight

Different categories of licensees, their required paid-up capital, and ongoing financial ratios.

  • Paid-up capital requirements
  • Liquid capital and working capital ratios
  • Ongoing reporting obligations

Module 3: Chapter 3: Governance and Controls of Market Intermediaries 8% syllabus weight

Corporate governance, internal audit, risk management, compliance officer roles, and AML/CFT rules.

  • Board responsibilities and internal controls
  • Independent functions (Risk, Audit, Compliance)
  • AML / CFT legislation & Financial Reporting Centre (FRC)
  • Record keeping and client asset segregation

Module 4: Chapter 4: Conduct of Business 15% syllabus weight

Suitability, client money, conflict of interest, advertising, best execution, related-party transactions, and listed company disclosure rules.

  • Client onboarding and suitability
  • Client money rules and segregated trust bank accounts
  • Conflicts of interest and advertising rules
  • Best execution and order priority
  • Related-party transactions and shareholder approvals
  • Price-sensitive disclosures for listed companies

Module 5: Chapter 5: Markets and Trading Rules 8% syllabus weight

Clearing, settlement, novation, securities lending, NSE market segments (MIMS vs GEMS), and market abuse.

  • Nairobi Securities Exchange (NSE) segments
  • Order routing & Automated Trading System (ATS)
  • Central Counterparty (CCP), clearing and novation
  • Securities lending and borrowing (SLB)
  • Market manipulation and insider trading penalties

Module 6: Chapter 6: Investment Funds 5% syllabus weight

Collective Investment Schemes (CIS), REITs (I-REIT vs D-REIT), and registered venture capital companies.

  • Collective Investment Schemes (CIS) and portfolio limits
  • Valuation, dealing and redemptions
  • REIT managers, trustees, borrowing limits, and size requirements
  • Registered Venture Capital Companies (VCCs) regulations

Free Topic Quiz & Key Practice Questions

Try 15 questions from Market Disclosures

This preview shows one part of the course. Try this short topic quiz and unlock the full course for complete mock exams and full coverage.

Market Disclosures

Within how many days of the books' closed date must interim dividends be paid to shareholders?

1 / 15

Who Is This For?

Stockbrokers and dealers in Kenya
Investment advisers and analysts
Fund managers and investment bank employees
Compliance officers in capital market intermediaries

Career Outlook & Value

Target Roles
StockbrokerInvestment AdviserCompliance OfficerPortfolio Manager
Salary Expectation
Kshs 1,200,000 - 3,600,000+

"The CISI Kenya RMP is a required licensing qualification by the CMA for professionals executing trades or advising clients in the Kenyan capital markets."

Frequently Asked Questions

The pass mark for the CISI Kenya RMP exam is 70%. You must answer at least 35 out of 50 questions correctly to pass.

The exam has a duration of 1 hour (60 minutes) to complete 50 multiple-choice questions.

Yes, all materials, questions, and summaries are fully aligned with the latest syllabus version (Syllabus Version 5, 2025-2028).

Yes, we cover the 2020 Regulatory Sandbox guidelines, including eligibility, applications, and sandbox periods.

Absolutely. We have specialized summaries and flashcards covering I-REIT, D-REIT, promoter investments, borrowing limits, and VCC capital requirements.

Yes! Test your knowledge and review detailed explanations with the free CISI Regulations and Market Practice (Kenya) Topic Quiz below. It contains 15 questions from one named syllabus topic and is not a full mock exam or overall readiness assessment.

Student Reviews

4.7
★★★★★
Based on 13 reviews
5 stars
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Recent Reviews

H
Hassan Z.
· Aug 3, 2026
CISI Academy learner feedback

Highly recommend

I tried reading the official book but it was too dense. These questions are challenging and the detailed feedback for every answer makes learning so much faster.

T
Turki R.
· Jul 29, 2026
CISI Academy learner feedback

Highly recommend

I tried reading the official book but it was too dense. These questions are challenging and the detailed feedback for every answer makes learning so much faster.

O
Omar T.
· Aug 2, 2026
CISI Academy learner feedback

Highly recommend

I tried reading the official book but it was too dense. These questions are challenging and the detailed feedback for every answer makes learning so much faster.

A
Alphas O.
· Jul 1, 2026
CISI Academy learner feedback

Official study prep is top notch

As a stockbroker candidate, this syllabus guide and official partner resources were vital for my preparation. Passed Kenya RMP on my first attempt.

P
Phyllis N.
· Jul 2, 2026
CISI Academy learner feedback

Highly professional

The material is structured beautifully and covers all 6 chapters of the workbook. Excellent for the Kenya regulations certification.

E
Evans K.
· Jun 27, 2026
CISI Academy learner feedback

Best in the market

Extremely detailed explanations, and the mock exams simulate the real exam style perfectly. Passed yesterday.

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CISI Regulations and Market Practice (Kenya)
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