Policy positions.
Shabba's substantive positions on the regulatory and rule-making questions that shape capital market infrastructure across East and West Africa.
Positions on the editorial schedule. Each entry is a substantive paper in drafting against a live regulatory or rule-making question. Publishes when review is complete.
On the editorial schedule.
OSF licensing pathway on NSE NEXT
Position paper on what the OSF programme needs to support institutional algorithmic participation.
CMA Kenya SLB sandbox response
Response to the screen-based vs bilateral SLB framework, what an institutional borrower-lender needs to participate.
NGX market-maker programme review
Reading of the relaunched programme under SEC Nigeria rules and what entry as a Trading License Holder requires.
- →Consultation responses to regulators (CMSA, CMA Kenya, SEC Nigeria, JSE/FSCA)
- →Framework analyses on new product launches, derivatives, ETFs, securities lending
- →Market structure design, tick regimes, fee economics, market-maker programmes
- →Rule-change commentary affecting the operational environment of East African capital markets
The pieces in this department are written as operational answers, not lobbying positions. The infrastructure we run is the same infrastructure the rules are written to govern, so the feedback comes from the place of having to live with the result.
Plain language. No partisan framing. The substance is the work.