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{
    "id": 376109,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/376109/?format=api",
    "text_counter": 449,
    "type": "speech",
    "speaker_name": "Hon. Bunyasi",
    "speaker_title": "",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I rise to support the Bill. Hon. Temporary Deputy Speaker, the financial sector is one of the most crucial sectors of any economy. What drives it are the capital markets. Therefore, the regulatory regime of the capital markets is extremely important. The regulatory institution is the one which guides the development of the capital market. This Bill seeks to allow room for new instruments that have evolved in the capital market sector across the world, including the futures markets. Those instruments are not fully provided for in the existing laws. This amendment, therefore, will bring Kenya’s capital market in line with other markets across the world."
}