4th Regional CIS Conference Report
The explosion of mobile lending is severely limiting human interaction, and causing social apprehensions (such as over-indebtedness) and data protection concerns. On the other hand, the emerging disruptions are successfully promoting a cashlight economy and challenging traditional approaches to KYC, probability of default, and changing the dynamics of access to finance. On their part, risk managers are inquisitive about effectiveness of emerging risk assessment models and their integration with traditional scoring methodologies while policy makers are concerned about implications on consumer protection and financial sector stability. The 4th CIS Regional Conference was organised to shed light on some of these …
CREDIT REFERENCE BUREAU REGULATIONS, 2013
The Credit Reference Bureau Regulations, 2013 operationalise Section 31 of the Banking Act and Section 34 of the Microfinance Act. Through this Commercial and Microfinance Banks are mandated to submit both Positive and Negative information on the performance of the credit facilities extended to its customers. Download the CREDIT REFERENCE BUREAU REGULATIONS, 2013 …
THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008
The Microfinance Regulations were released to operationalise the Microfinance Act (2006).The regulations prescribe how licensing of the Microfinance Institutions is to be conducted, how to provision, classification of credit facilities and many other on conducting the microfinance business. Download THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008 …
CO-OPERATIVE SOCIETIES ACT
The Cooperative Act is the piece of legislation that governs the operations of the Cooperative Societies in Kenya. Download Co-operative Societies ACT …