Procurement Summary
Country: Kenya
Summary: Support to Reform the Securitization Regulations for Kenya Capital Market
Deadline: 30 Sep 2026
Posting Date: 24 Sep 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 149744390
Document Ref. No.: 0002023782
Competition: ICB
Financier: World Bank (WB)
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Tender Details
The World Bank Group, through the Joint Capital Markets Program (JCAP), is seeking a qualified consultant or legal advisory firm to support Kenya's Capital Markets Authority (CMA) in the drafting of comprehensive Securitization Regulations. The engagement covers a review of the existing regulatory framework, preparation of a regulatory architecture and drafting plan, provision of inputs to prepare draft of the regulations (including provisions on eligible assets, SPV governance, true sale certainty, risk retention, disclosure, and investor protection), provision of inputs for the the drafting of an explanatory memorandum, and iterative technical review support through to final drafts. The assignment spans approximately six months and requires demonstrated expertise in Kenyan capital markets law, structured finance, and legislative drafting.
90 - CONTRACT CONSULTANTS
Documents
Tender Notice