At least 15% of the paid up equity share capital of a derivatives exchange shall be held by a Kenyan entity.
"PART II – LICENSING REQUIREMENTS AND DUTIES OF A DERIVATIVES EXCHANGE [...]
17.	Shareholding in a derivatives exchange
(1)	At least fifteen percent of the paid up equity share capital of a derivatives exchange shall be held by a Kenyan entity. [...]" (The Capital Markets (Derivatives Markets) Regulations, 2015, Part II, Section 17(1))
The Capital Markets (Derivatives Markets) Regulations, 2016, Part II, Section 17(1)
[<a href="http://kenyalaw.org:8181/exist/kenyalex/sublegview.xql?subleg=CAP.%20485A">Reg</a>]